$2,362 Closing Credit*
$198,900
1,347 SqFt
2 Beds
•2 Full Baths
Zaifuddin Graves, Listing Office: River Lake Homes LLC
Is 27265, 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, 27265 has remained a Seller's Market.
Key Takeaway
27265 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27265, NC
How much do homes in 27265, NC cost?
Median Sold Price
$294,887
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,987(-3.9%)
Key Takeaway
Homes in 27265 have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in 27265 was $294,887 in November 2024, down 3.9% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $162K | N/A |
| 2 Bedrooms | $181K | $187K | +3.3% |
| 3 Bedrooms | $275K | $277.2K | +0.8% |
| 4 Bedrooms | $364.9K | $373.4K | +2.3% |
| 5+ Bedrooms | $435K | $471K | +8.3% |
Summary: 27265 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 3.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 27265, NC
How many homes are available in 27265, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 211 | 207 | -1.9% |
Summary: The 27265 real estate market had 207 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 36 | 40 | +11.1% |
| 3 Bedrooms | 108 | 106 | -1.9% |
| 4 Bedrooms | 48 | 48 | 0.0% |
| 5+ Bedrooms | 19 | 13 | -31.6% |
Summary: The 27265 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 increased by 11.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 31.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 47 | -9.6% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27265, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 27265 in November 2024, down by 9.6% month-over-month. Of the 47 sold homes, 45% were sold under asking, 36% were sold at asking, and 19% were sold over asking.
Days on Market for 27265, NC
How long does it take to sell a home in 27265, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 24 Days | -28.5% |
Summary: Homes in 27265 had an average of 24 days on market in Nov 2024, down by 28.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27265 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 47 homes were sold in 27265; 68% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
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