Is 27301, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27301 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 27301 has remained a Seller's Market.

Key Takeaway

27301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27301, NC

How much do homes in 27301, NC cost?

Median Sold Price

$299,499

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$499(+0.2%)

Key Takeaway

The sold price of homes in 27301 has remained the same since last year.

Summary: The median home sold price in 27301 was $299,499 in October 2024, up 0.2% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $142.5K$200K
+40.4%
3 $282K$278K
-1.4%
4 $310K$321.9K
+3.8%
5+ $333.5K$351.4K
+5.4%

Summary: 27301 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 increased by 40.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

27249
+15.7%
27405
+8.7%
27377
+3.1%
27301
0.2%
27214
-8.5%

Housing Supply in 27301, NC

How many homes are available in 27301, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3536+2.9%

Summary: The 27301 real estate market had 36 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2121
0.0%
4 109
-10.0%
5+ 12
+100.0%

Summary: The 27301 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27301, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 27301 in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for 27301, NC

How long does it take to sell a home in 27301, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days55 Days+145.9%

Summary: Homes in 27301 had an average of 55 days on market in Oct 2024, up by 145.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27301 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 27301; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

Newest Listings in 27301, NC

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