Is 27105, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27105 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 27105 has remained a Seller's Market.

Key Takeaway

27105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27105, NC

How much do homes in 27105, NC cost?

Median Sold Price

$200,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$9,500(+5.0%)

Key Takeaway

Homes in 27105 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 27105 was $200,000 in December 2024, up 5% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $114.5K$88K
-23.1%
2 $132K$138K
+4.5%
3 $204.7K$210.4K
+2.8%
4 $255K$245K
-3.9%
5+ $301.7K$181.5K
-39.8%

Summary: 27105 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 39.8%.

Median Sold Price Compared To Nearby Zip Codes

27105
+5.0%
27104
+4.8%
27101
+3.1%
27106
+1.7%
27051
-4.7%

Housing Supply in 27105, NC

How many homes are available in 27105, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
133116-12.8%

Summary: The 27105 real estate market had 116 homes for sale in December 2024, a 12.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 2725
-7.4%
3 7866
-15.4%
4 2119
-9.5%
5+ 76
-14.3%

Summary: The 27105 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2624-7.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27105, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 27105 in December 2024, down by 7.7% month-over-month. Of the 24 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 27105, NC

How long does it take to sell a home in 27105, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
15 Days46 Days+205.1%

Summary: Homes in 27105 had an average of 46 days on market in Dec 2024, up by 205.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27105 has remained consistent over time.

Summary: During December 2024, 24 homes were sold in 27105; 42% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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