$2,553 Closing Credit*
$215,000
1,800 SqFt
2 Beds
•1 Full Bath
Frank D. Callicutt, Listing Office: Evans Properties
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.
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