Is 27299, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27299 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27299 has remained a Seller's Market.

Key Takeaway

27299 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27299, NC

How much do homes in 27299, NC cost?

Median Sold Price

$329,000

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$221,000(-40.2%)

Key Takeaway

Homes in 27299 have sold for 40.2% less than they did a month ago.

Summary: The median home sold price in 27299 was $329,000 in November 2024, down 40.2% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$259K
N/A
3 $305K$355K
+16.4%
4 $550K$69K
-87.5%
5+ --
N/A

Summary: 27299 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 87.5%, and 5+ bedroom homes did not change.

Housing Supply in 27299, NC

How many homes are available in 27299, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The 27299 real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The 27299 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27299, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 27299 in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.

Days on Market for 27299, NC

How long does it take to sell a home in 27299, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
115 Days24 Days-78.8%

Summary: Homes in 27299 had an average of 24 days on market in Nov 2024, down by 78.8% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27299 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 27299; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in 27299, NC

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