Is 27215, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27215 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 27215 has remained a Seller's Market.

Key Takeaway

27215 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27215, NC

How much do homes in 27215, NC cost?

Median Sold Price

$314,990

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,704(+4.9%)

Key Takeaway

Homes in 27215 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 27215 was $314,990 in November 2024, up 4.9% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $68.7K$75K
+9.1%
2 $170K$177K
+4.1%
3 $290K$300K
+3.4%
4 $384K$400K
+4.2%
5+ $477.4K$519.9K
+8.9%

Summary: 27215 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Zip Codes

27215
+4.9%
27377
+4.1%
27253
+1.5%

Housing Supply in 27215, NC

How many homes are available in 27215, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
264277+4.9%

Summary: The 27215 real estate market had 277 homes for sale in November 2024, a 4.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 4752
+10.6%
3 131131
0.0%
4 5865
+12.1%
5+ 2729
+7.4%

Summary: The 27215 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 7.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4658+26.1%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27215, you may be able to get a good deal. 63.8% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in 27215 in November 2024, up by 26.1% month-over-month. Of the 58 sold homes, 64% were sold under asking, 26% were sold at asking, and 10% were sold over asking.

Days on Market for 27215, NC

How long does it take to sell a home in 27215, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days44 Days+17.8%

Summary: Homes in 27215 had an average of 44 days on market in Nov 2024, up by 17.8% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27215 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 58 homes were sold in 27215; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

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