$425,000
22.50 Acres
Land
Phillip Stone, Listing Office: A New Dawn Realty, Inc
Is 27235, 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, 27235 has remained a Seller's Market.
Key Takeaway
27235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27235, NC
How much do homes in 27235, NC cost?
Median Sold Price
$419,750
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,750(-1.8%)
Key Takeaway
Homes in 27235 have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in 27235 was $419,750 in October 2024, down 1.8% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239.9K | $285K | +18.8% |
| 3 Bedrooms | $285K | $339.9K | +19.3% |
| 4 Bedrooms | $458.4K | $456K | -0.5% |
| 5+ Bedrooms | $484.3K | $512.4K | +5.8% |
Summary: 27235 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 18.8%, 3 bedroom homes increased by 19.3%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in 27235, NC
How many homes are available in 27235, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The 27235 real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 27235 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27235, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 27235 in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 27235, NC
How long does it take to sell a home in 27235, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 66 Days | +19.4% |
Summary: Homes in 27235 had an average of 66 days on market in Oct 2024, up by 19.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27235 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 27235; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
