$3,076 Closing Credit*
$259,000
2,300 SqFt
2 Beds
•2 Full Baths
Gina Layton, Listing Office: Coldwell Banker Advantage
Is 27284, 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, 27284 has remained a Seller's Market.
Key Takeaway
27284 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27284, NC
How much do homes in 27284, NC cost?
Median Sold Price
$334,027
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,012(+1.5%)
Key Takeaway
Homes in 27284 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 27284 was $334,027 in October 2024, up 1.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.7K | $130K | +10.4% |
| 2 Bedrooms | $225.4K | $202.7K | -10.0% |
| 3 Bedrooms | $300K | $310.7K | +3.6% |
| 4 Bedrooms | $410.5K | $400K | -2.6% |
| 5+ Bedrooms | $448.5K | $444.8K | -0.8% |
Summary: 27284 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 27284, NC
How many homes are available in 27284, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 281 | 291 | +3.6% |
Summary: The 27284 real estate market had 291 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 33 | 32 | -3.0% |
| 3 Bedrooms | 164 | 156 | -4.9% |
| 4 Bedrooms | 67 | 82 | +22.4% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The 27284 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 59 | +3.5% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27284, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in 27284 in October 2024, up by 3.5% month-over-month. Of the 59 sold homes, 44% were sold under asking, 24% were sold at asking, and 32% were sold over asking.
Days on Market for 27284, NC
How long does it take to sell a home in 27284, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 41 Days | +23.6% |
Summary: Homes in 27284 had an average of 41 days on market in Oct 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27284 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 59 homes were sold in 27284; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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