$3,200,000
9,121 SqFt
6 Beds
•6 Full Baths, 2 Partial
Victoria Frye, Listing Office: VEF Properties
Is 27106, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27106 has remained a Seller's Market.
Key Takeaway
27106 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27106, NC
How much do homes in 27106, NC cost?
Median Sold Price
$344,666
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.7%)
Key Takeaway
Homes in 27106 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 27106 was $344,666 in November 2024, up 0.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61.4K | $118.4K | +92.9% |
| 2 Bedrooms | $150K | $180K | +20.0% |
| 3 Bedrooms | $304.9K | $302.9K | -0.6% |
| 4 Bedrooms | $525K | $525K | 0.0% |
| 5+ Bedrooms | $839K | $760K | -9.4% |
Summary: 27106 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.9%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in 27106, NC
How many homes are available in 27106, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 197 | 190 | -3.6% |
Summary: The 27106 real estate market had 190 homes for sale in November 2024, a 3.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 26 | 24 | -7.7% |
| 3 Bedrooms | 88 | 82 | -6.8% |
| 4 Bedrooms | 63 | 66 | +4.8% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The 27106 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -12.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27106, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 27106 in November 2024, down by 12.5% month-over-month. Of the 42 sold homes, 45% were sold under asking, 10% were sold at asking, and 45% were sold over asking.
Days on Market for 27106, NC
How long does it take to sell a home in 27106, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 22 Days | -17.0% |
Summary: Homes in 27106 had an average of 22 days on market in Nov 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27106 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 42 homes were sold in 27106; 83% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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