$2,660 Closing Credit*
$224,000
1,008 SqFt
3 Beds
•1 Full Bath
Crystal Kelly, Listing Office: Keller Williams Central
Is 27291, 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, 27291 has remained a Seller's Market.
Key Takeaway
27291 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27291, NC
How much do homes in 27291, NC cost?
Median Sold Price
$549,000
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,000(+4.6%)
Key Takeaway
Homes in 27291 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 27291 was $549,000 in October 2024, up 4.6% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $619K | $450K | -27.3% |
| 3 Bedrooms | $390K | $450K | +15.4% |
| 4 Bedrooms | $1.6M | $549K | -66.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 27291 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 decreased by 27.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27291 | $525K | $549K | +4.6% |
| 27343 | $750K | $765K | +2.0% |
| 27379 | $262K | $215K | -17.9% |
Housing Supply in 27291, NC
How many homes are available in 27291, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The 27291 real estate market had 8 homes for sale in October 2024, a 20.0% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27291 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 decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27291, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 27291 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 27291, NC
How long does it take to sell a home in 27291, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 108 Days | +178.2% |
Summary: Homes in 27291 had an average of 108 days on market in Oct 2024, up by 178.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27291 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 27291; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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