$10,000 Closing Credit*
$929,900
3,391 SqFt
4 Beds
•3 Full Baths, 1 Partial
Maureena Shepherd, Listing Office: Allen Tate Oak Ridge - Highway 68
Is 27310, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27310 was a Seller's Market.
Key Takeaway
27310 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27310, NC
How much do homes in 27310, NC cost?
Median Sold Price
$650,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,000(-0.3%)
Key Takeaway
The sold price of homes in 27310 has remained the same since last year.
Summary: The median home sold price in 27310 was $650,000 in November 2024, down 0.3% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $145K | -7.6% |
| 2 Bedrooms | $321.8K | $266K | -17.4% |
| 3 Bedrooms | $408.5K | $444.4K | +8.8% |
| 4 Bedrooms | $730K | $769.5K | +5.4% |
| 5+ Bedrooms | $615K | $376.2K | -38.8% |
Summary: 27310 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 38.8%.
Housing Supply in 27310, NC
How many homes are available in 27310, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 60 | +13.2% |
Summary: The 27310 real estate market had 60 homes for sale in November 2024, a 13.2% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 20 | +42.9% |
| 4 Bedrooms | 36 | 36 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 27310 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 increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27310, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 27310 in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for 27310, NC
How long does it take to sell a home in 27310, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +31.8% |
Summary: Homes in 27310 had an average of 29 days on market in Nov 2024, up by 31.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27310 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 27310; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
