$3,088 Closing Credit*
$260,000
1,721 SqFt
3 Beds
•2 Full Baths
Bishop Smith, Listing Office: Mark Spain Real Estate
Is 27282, 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, 27282 has remained a Seller's Market.
Key Takeaway
27282 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27282, NC
How much do homes in 27282, NC cost?
Median Sold Price
$329,950
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,050(-1.5%)
Key Takeaway
Homes in 27282 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 27282 was $329,950 in November 2024, down 1.5% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129K | $130K | +0.8% |
| 2 Bedrooms | $201K | $200K | -0.5% |
| 3 Bedrooms | $300K | $306.5K | +2.2% |
| 4 Bedrooms | $380K | $392K | +3.2% |
| 5+ Bedrooms | $422.5K | $495K | +17.2% |
Summary: 27282 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 17.2%.
Housing Supply in 27282, NC
How many homes are available in 27282, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 61 | -14.1% |
Summary: The 27282 real estate market had 61 homes for sale in November 2024, a 14.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 37 | 30 | -18.9% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 27282 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27282, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 27282 in November 2024, up by 15.8% month-over-month. Of the 22 sold homes, 59% were sold under asking, 18% were sold at asking, and 23% were sold over asking.
Days on Market for 27282, NC
How long does it take to sell a home in 27282, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 36 Days | -0.6% |
Summary: Homes in 27282 had an average of 36 days on market in Nov 2024, down by 0.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27282 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in 27282; 68% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
