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 December 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

$260,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+4.0%)

Key Takeaway

Homes in 27239 have sold for 4% more than they did a year ago.

Summary: The median home sold price in 27239 was $260,000 in December 2024, up 4% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $40K$370K
+825.0%
2 $185K$257.5K
+39.2%
3 $250K$249.1K
-0.4%
4 $281K$325K
+15.7%
5+ --
N/A

Summary: 27239 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 825%, 2 bedroom homes increased by 39.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27239
+4.0%
27292
+2.3%
27205
+1.8%
28127
-2.0%

Housing Supply in 27239, NC

How many homes are available in 27239, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3633-8.3%

Summary: The 27239 real estate market had 33 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1816
-11.1%
4 1413
-7.1%
5+ 00
0.0%

Summary: The 27239 housing inventory by bedroom type for December 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 11.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27239, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 27239 in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Dec 2023Dec 2024CHANGE
43 Days21 Days-51.0%

Summary: Homes in 27239 had an average of 21 days on market in Dec 2024, down by 51% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 5 homes were sold in 27239; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

Newest Listings in 27239, NC

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