$3,563 Closing Credit*
$300,000
1,415 SqFt
3 Beds
•2 Full Baths
Janelle Elizabeth Santelli, Listing Office: Costello Real Estate & Investm
Is 27244, 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, 27244 has remained a Seller's Market.
Key Takeaway
27244 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27244, NC
How much do homes in 27244, NC cost?
Median Sold Price
$339,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,025(-0.9%)
Key Takeaway
Homes in 27244 have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in 27244 was $339,000 in October 2024, down 0.9% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185K | $275K | +48.6% |
| 3 Bedrooms | $295K | $325.5K | +10.3% |
| 4 Bedrooms | $404K | $360K | -10.9% |
| 5+ Bedrooms | $487.7K | $540K | +10.7% |
Summary: 27244 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 48.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in 27244, NC
How many homes are available in 27244, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Summary: The 27244 real estate market had 33 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 18 | 17 | -5.6% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 27244 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 5.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27244, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 27244 in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for 27244, NC
How long does it take to sell a home in 27244, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 14 Days | -47.1% |
Summary: Homes in 27244 had an average of 14 days on market in Oct 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27244 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 27244; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.