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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27239 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 27239 has remained a Seller's Market.

Key Takeaway

27239 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27239, NC

How much do homes in 27239, NC cost?

Median Sold Price

$249,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,000(-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 $249,000 in October 2024, down 0.4% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $40K$370K
+825.0%
2 $190K$241.2K
+27.0%
3 $250K$247K
-1.2%
4 $269.9K$295K
+9.3%
5+ $169.5K-
N/A

Summary: 27239 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 825%, 2 bedroom homes increased by 27%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28137
+20.4%
27292
+5.7%
27205
+3.7%
27239
-0.4%
28127
-1.3%

Housing Supply in 27239, NC

How many homes are available in 27239, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4342-2.3%

Summary: The 27239 real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2222
0.0%
4 1312
-7.7%
5+ 00
0.0%

Summary: The 27239 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 remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

7 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. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 27239 in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
38 Days51 Days+33.0%

Summary: Homes in 27239 had an average of 51 days on market in Oct 2024, up by 33% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27239 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 27239; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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 4 Days Ago

Newest Listings in 27239, NC

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