$5,094 Closing Credit*
$429,000
1,661 SqFt
3 Beds
•2 Full Baths
Dino Stewart, Listing Office: eXp Realty, LLC #2
Is 27244, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$354,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,487(+3.1%)
Key Takeaway
Homes in 27244 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 27244 was $354,000 in November 2024, up 3.1% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.5K | $207K | +7.5% |
| 3 Bedrooms | $296K | $325.5K | +10.0% |
| 4 Bedrooms | $379K | $525K | +38.5% |
| 5+ Bedrooms | $510K | $484K | -5.1% |
Summary: 27244 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in 27244, NC
How many homes are available in 27244, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 35 | 0.0% |
Summary: The 27244 real estate market had 35 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 8 | 12 | +50.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 27244 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27244, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 27244 in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 43 Days | +75.3% |
Summary: Homes in 27244 had an average of 43 days on market in Nov 2024, up by 75.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 9 homes were sold in 27244; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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