Is 27239, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27239 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 27239 was a Seller's Market.

Key Takeaway

27239 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 27239, NC

How much do homes in 27239, NC cost?

Median Sold Price

$249,100

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$900(-0.4%)

Key Takeaway

The sold price of homes in 27239 has remained the same since last year.

Summary: The median home sold price in 27239 was $249,100 in November 2024, down 0.4% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $40K$370K
+825.0%
2 $160K$225K
+40.6%
3 $250K$248K
-0.8%
4 $275.4K$295K
+7.1%
5+ --
N/A

Summary: 27239 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 825%, 2 bedroom homes increased by 40.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27292
+4.9%
27205
+1.8%
28127
0.0%
27239
-0.4%

Housing Supply in 27239, NC

How many homes are available in 27239, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3639+8.3%

Summary: The 27239 real estate market had 39 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1820
+11.1%
4 1215
+25.0%
5+ 00
0.0%

Summary: The 27239 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 decreased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27239, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 27239 in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 27239, NC

How long does it take to sell a home in 27239, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days66 Days+86.5%

Summary: Homes in 27239 had an average of 66 days on market in Nov 2024, up by 86.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27239 has remained consistent over time.

Summary: During November 2024, 6 homes were sold in 27239; 33% of homes were sold within 30 days, 50% 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 3 Days Ago

Newest Listings in 27239, NC

Nearby Markets to 27239, NC