$4,043 Closing Credit*
$340,490
1,764 SqFt
4 Beds
•2 Full Baths
Brandie Durham, Listing Office: DR Horton
Is 27301, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$294,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,500(-1.5%)
Key Takeaway
Homes in 27301 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 27301 was $294,500 in November 2024, down 1.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142.5K | $202.5K | +42.1% |
| 3 Bedrooms | $284K | $279K | -1.8% |
| 4 Bedrooms | $312.5K | $321.3K | +2.8% |
| 5+ Bedrooms | $333.5K | $354K | +6.1% |
Summary: 27301 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 27301, NC
How many homes are available in 27301, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 34 | -8.1% |
Summary: The 27301 real estate market had 34 homes for sale in November 2024, a 8.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 27301 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 decreased by 25%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27301, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 27301 in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 36 Days | +76.7% |
Summary: Homes in 27301 had an average of 36 days on market in Nov 2024, up by 76.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27301 has remained consistent over time.
Summary: During November 2024, 7 homes were sold in 27301; 29% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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