$2,767 Closing Credit*
$232,990
1,755 SqFt
4 Beds
•2 Full Baths, 1 Partial
Susan Thompson, Listing Office: WJH Brokerage NC LLC
Is 27292, 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, 27292 has remained a Seller's Market.
Key Takeaway
27292 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27292, NC
How much do homes in 27292, NC cost?
Median Sold Price
$279,992
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,158(+5.7%)
Key Takeaway
Homes in 27292 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 27292 was $279,992 in October 2024, up 5.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193.7K | $242.5K | +25.2% |
| 2 Bedrooms | $172K | $219.5K | +27.6% |
| 3 Bedrooms | $248.4K | $260.9K | +5.0% |
| 4 Bedrooms | $312.5K | $310K | -0.8% |
| 5+ Bedrooms | $360K | $379.2K | +5.3% |
Summary: 27292 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 27292, NC
How many homes are available in 27292, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 271 | 269 | -0.7% |
Summary: The 27292 real estate market had 269 homes for sale in October 2024, a 0.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 46 | 54 | +17.4% |
| 3 Bedrooms | 127 | 128 | +0.8% |
| 4 Bedrooms | 88 | 78 | -11.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 27292 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 53 | -10.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27292, expect to pay close to the asking price. 50.9% of homes here sold near the asking price last month.
Summary: A total of 53 homes were sold or pending in 27292 in October 2024, down by 10.2% month-over-month. Of the 53 sold homes, 30% were sold under asking, 51% were sold at asking, and 19% were sold over asking.
Days on Market for 27292, NC
How long does it take to sell a home in 27292, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 39 Days | +143.3% |
Summary: Homes in 27292 had an average of 39 days on market in Oct 2024, up by 143.3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27292 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 53 homes were sold in 27292; 55% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.