$5,521 Closing Credit*
$464,900
2,961 SqFt
4 Beds
•3 Full Baths, 1 Partial
Gary S. Bouton, Listing Office: Triad Homes Real Estate
Is 27214, 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, 27214 has remained a Seller's Market.
Key Takeaway
27214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27214, NC
How much do homes in 27214, NC cost?
Median Sold Price
$315,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-11.3%)
Key Takeaway
Homes in 27214 have sold for 11.3% less than they did a year ago.
Summary: The median home sold price in 27214 was $315,000 in November 2024, down 11.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $186K | - | N/A |
| 2 Bedrooms | $175K | $197.5K | +12.9% |
| 3 Bedrooms | $331.2K | $292.5K | -11.7% |
| 4 Bedrooms | $520K | $427.1K | -17.9% |
| 5+ Bedrooms | $455K | $466.8K | +2.6% |
Summary: 27214 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 27214, NC
How many homes are available in 27214, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 50 | 0.0% |
Summary: The 27214 real estate market had 50 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 26 | 26 | 0.0% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 27214 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27214, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 27214 in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 27214, NC
How long does it take to sell a home in 27214, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 28 Days | -22.2% |
Summary: Homes in 27214 had an average of 28 days on market in Nov 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
6 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 27214 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 27214; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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