$4,156 Closing Credit*
$350,000
1,819 SqFt
3 Beds
•2 Full Baths
Listing Office: New South Realty, Inc
Is 27306, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27306 was a Seller's Market.
Key Takeaway
27306 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27306, NC
How much do homes in 27306, NC cost?
Median Sold Price
$296,603
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,103(+19.8%)
Key Takeaway
Homes in 27306 have sold for 19.8% more than they did a year ago.
Summary: The median home sold price in 27306 was $296,603 in October 2024, up 19.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.5K | $89K | -3.8% |
| 2 Bedrooms | $162.2K | $171.7K | +5.9% |
| 3 Bedrooms | $355K | $341K | -3.9% |
| 4 Bedrooms | $562.6K | $759.9K | +35.1% |
| 5+ Bedrooms | $395K | $1.0M | +154.4% |
Summary: 27306 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes increased by 154.4%.
Housing Supply in 27306, NC
How many homes are available in 27306, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 102 | +6.3% |
Summary: The 27306 real estate market had 102 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 18 | 0.0% |
| 2 Bedrooms | 24 | 26 | +8.3% |
| 3 Bedrooms | 44 | 47 | +6.8% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 27306 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 8.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27306, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 27306 in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for 27306, NC
How long does it take to sell a home in 27306, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 72 Days | +161.3% |
Summary: Homes in 27306 had an average of 72 days on market in Oct 2024, up by 161.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 27306 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 11 homes were sold in 27306; 36% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
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