$2,494 Closing Credit*
$210,000
2,089 SqFt
3 Beds
•3 Full Baths
Katlyn Hamm, Listing Office: Allen Tate High Point
Is 27262, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27262 was a Seller's Market.
Key Takeaway
27262 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 27262, NC
How much do homes in 27262, NC cost?
Median Sold Price
$240,416
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,750(+11.5%)
Key Takeaway
Homes in 27262 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 27262 was $240,416 in November 2024, up 11.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.2K | $104.4K | +27.1% |
| 2 Bedrooms | $142K | $155K | +9.2% |
| 3 Bedrooms | $215K | $230K | +7.0% |
| 4 Bedrooms | $337.5K | $379.9K | +12.6% |
| 5+ Bedrooms | $515K | $435K | -15.5% |
Summary: 27262 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.1%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in 27262, NC
How many homes are available in 27262, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 108 | 108 | 0.0% |
Summary: The 27262 real estate market had 108 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 | 4 | 3 | -25.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 53 | 54 | +1.9% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 27262 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 18 | -33.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27262, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 27262 in November 2024, down by 33.3% month-over-month. Of the 18 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 44 Days | +64.4% |
Summary: Homes in 27262 had an average of 44 days on market in Nov 2024, up by 64.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27262 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 27262; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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