$3,086 Closing Credit*
$259,900
1,450 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jill Curione, Listing Office: Southern Key Realty
Is 27295, 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, 27295 has remained a Seller's Market.
Key Takeaway
27295 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27295, NC
How much do homes in 27295, NC cost?
Median Sold Price
$292,825
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,832(+2.0%)
Key Takeaway
Homes in 27295 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 27295 was $292,825 in October 2024, up 2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $83.6K | +11.5% |
| 2 Bedrooms | $181K | $195K | +7.7% |
| 3 Bedrooms | $275K | $277.9K | +1.1% |
| 4 Bedrooms | $306.6K | $325.8K | +6.3% |
| 5+ Bedrooms | $360.4K | $375.7K | +4.2% |
Summary: 27295 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 27295, NC
How many homes are available in 27295, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 203 | 203 | 0.0% |
Summary: The 27295 real estate market had 203 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 17 | 17 | 0.0% |
| 3 Bedrooms | 104 | 113 | +8.7% |
| 4 Bedrooms | 74 | 64 | -13.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 27295 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 remained the same, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 49 | -10.9% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27295, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 27295 in October 2024, down by 10.9% month-over-month. Of the 49 sold homes, 59% were sold under asking, 33% were sold at asking, and 8% were sold over asking.
Days on Market for 27295, NC
How long does it take to sell a home in 27295, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 45 Days | +19.8% |
Summary: Homes in 27295 had an average of 45 days on market in Oct 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27295 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 49 homes were sold in 27295; 57% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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