Is 27263, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27263 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 27263 has remained a Seller's Market.

Key Takeaway

27263 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27263, NC

How much do homes in 27263, NC cost?

Median Sold Price

$252,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,500(+5.2%)

Key Takeaway

Homes in 27263 have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in 27263 was $252,500 in December 2024, up 5.2% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $189.9K$81.7K
-57.0%
2 $141.6K$165.7K
+17.0%
3 $240K$269K
+12.1%
4 $447.3K$385K
-13.9%
5+ $520.5K-
N/A

Summary: 27263 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27260
+10.3%
27407
+8.0%
27263
+5.2%
27282
-2.6%
27350
-13.2%

Housing Supply in 27263, NC

How many homes are available in 27263, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
62620.0%

Summary: The 27263 real estate market had 62 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 4040
0.0%
4 77
0.0%
5+ 11
0.0%

Summary: The 27263 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
917+88.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27263, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 27263 in December 2024, up by 88.9% month-over-month. Of the 17 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.

Days on Market for 27263, NC

How long does it take to sell a home in 27263, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
21 Days24 Days+18.1%

Summary: Homes in 27263 had an average of 24 days on market in Dec 2024, up by 18.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27263 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 17 homes were sold in 27263; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

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