$1,722 Closing Credit*
$145,000
757 SqFt
2 Beds
•1 Full Bath
Chelsea Boggs, Listing Office: Delta Lane Realty
Is 27203, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 27203 has remained a Seller's Market.
Key Takeaway
27203 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27203, NC
How much do homes in 27203, NC cost?
Median Sold Price
$220,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,500(+7.1%)
Key Takeaway
Homes in 27203 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 27203 was $220,000 in October 2024, up 7.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | - | N/A |
| 2 Bedrooms | $149K | $178.5K | +19.8% |
| 3 Bedrooms | $226.2K | $231K | +2.1% |
| 4 Bedrooms | $255.5K | $270K | +5.7% |
| 5+ Bedrooms | $259K | $297.9K | +15.0% |
Summary: 27203 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 15%.
Housing Supply in 27203, NC
How many homes are available in 27203, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 56 | 0.0% |
Summary: The 27203 real estate market had 56 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 31 | 34 | +9.7% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 27203 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 11 | -42.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27203, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 27203 in October 2024, down by 42.1% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for 27203, NC
How long does it take to sell a home in 27203, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 26 Days | +96.3% |
Summary: Homes in 27203 had an average of 26 days on market in Oct 2024, up by 96.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27203 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 27203; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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