$950 Closing Credit*
$80,000
535 SqFt
1 Bed
•1 Full Bath
Ashley Doerr, Listing Office: Price Realtors-Randleman
Is 27283, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 27283 was a Seller's Market.
Key Takeaway
27283 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27283, NC
How much do homes in 27283, NC cost?
Median Sold Price
$247,000
$240/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$195,000(-44.1%)
Key Takeaway
Homes in 27283 have sold for 44.1% less than they did a month ago.
Summary: The median home sold price in 27283 was $247,000 in October 2024, down 44.1% from last month, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $423.5K | $247K | -41.7% |
| 4 Bedrooms | $593K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 27283 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 41.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 27283, NC
How many homes are available in 27283, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The 27283 real estate market had 11 homes for sale in October 2024, a 22.2% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27283 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27283, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 27283 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27283, NC
How long does it take to sell a home in 27283, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 27 Days | -44.9% |
Summary: Homes in 27283 had an average of 27 days on market in Oct 2024, down by 44.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27283 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 27283; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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