$8,253 Closing Credit*
$695,000
4,227 SqFt
4 Beds
•4 Full Baths
Laura Faircloth Gault, Listing Office: Coldwell Banker Advantage
Is 27262, 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, 27262 has remained a Seller's Market.
Key Takeaway
27262 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27262, NC
How much do homes in 27262, NC cost?
Median Sold Price
$235,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+9.3%)
Key Takeaway
Homes in 27262 have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in 27262 was $235,000 in October 2024, up 9.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80.7K | $104.4K | +29.4% |
| 2 Bedrooms | $139.5K | $152.5K | +9.3% |
| 3 Bedrooms | $215K | $228K | +6.0% |
| 4 Bedrooms | $342.5K | $369.5K | +7.9% |
| 5+ Bedrooms | $515K | $470K | -8.7% |
Summary: 27262 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 27262, NC
How many homes are available in 27262, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 109 | +7.9% |
Summary: The 27262 real estate market had 109 homes for sale in October 2024, a 7.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 45 | 54 | +20.0% |
| 4 Bedrooms | 27 | 27 | 0.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 27262 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 decreased by 17.6%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 27 | +42.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27262, you may be able to get a good deal. 37% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 27262 in October 2024, up by 42.1% month-over-month. Of the 27 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% were sold over asking.
Days on Market for 27262, NC
How long does it take to sell a home in 27262, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 30 Days | -25.4% |
Summary: Homes in 27262 had an average of 30 days on market in Oct 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27262 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 27262; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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