$5,699 Closing Credit*
$479,900
2,418 SqFt
4 Beds
•2 Full Baths, 1 Partial
Andrea Pegram, Listing Office: KELLER WILLIAMS REALTY
Is 27265, 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, 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
$295,666
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,274(-3.0%)
Key Takeaway
Homes in 27265 have sold for 3% less than they did a year ago.
Summary: The median home sold price in 27265 was $295,666 in October 2024, down 3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $162K | N/A |
| 2 Bedrooms | $180K | $188.2K | +4.6% |
| 3 Bedrooms | $272.7K | $280K | +2.6% |
| 4 Bedrooms | $365K | $374.9K | +2.7% |
| 5+ Bedrooms | $435K | $474K | +9.0% |
Summary: 27265 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 4.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 9%.
Housing Supply in 27265, NC
How many homes are available in 27265, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 207 | 212 | +2.4% |
Summary: The 27265 real estate market had 212 homes for sale in October 2024, a 2.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 35 | 34 | -2.9% |
| 3 Bedrooms | 103 | 109 | +5.8% |
| 4 Bedrooms | 54 | 50 | -7.4% |
| 5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The 27265 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 2.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 48 | -9.4% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27265, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in 27265 in October 2024, down by 9.4% month-over-month. Of the 48 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 33 Days | +39.7% |
Summary: Homes in 27265 had an average of 33 days on market in Oct 2024, up by 39.7% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27265 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 48 homes were sold in 27265; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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