$6,947 Closing Credit*
$585,000
3,853 SqFt
4 Beds
•3 Full Baths, 1 Partial
Michelle Jordan, Listing Office: Realty World Carolina Properti
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.
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