$7,719 Closing Credit*
$650,000
3,837 SqFt
4 Beds
•3 Full Baths, 1 Partial
Julie Roland, Listing Office: Julie Roland Realty Inc
Is 27312, 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, 27312 has remained a Neutral Market.
Key Takeaway
27312 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 27312, NC
How much do homes in 27312, NC cost?
Median Sold Price
$598,704
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,883(-3.1%)
Key Takeaway
Homes in 27312 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 27312 was $598,704 in November 2024, down 3.1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $339.3K | - | N/A |
| 2 Bedrooms | $394.2K | $380.5K | -3.5% |
| 3 Bedrooms | $475K | $469K | -1.3% |
| 4 Bedrooms | $800K | $865K | +8.1% |
| 5+ Bedrooms | $778.3K | $955K | +22.7% |
Summary: 27312 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 decreased by 3.5%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 22.7%.
Housing Supply in 27312, NC
How many homes are available in 27312, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 184 | 168 | -8.7% |
Summary: The 27312 real estate market had 168 homes for sale in November 2024, a 8.7% 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 | 13 | 14 | +7.7% |
| 3 Bedrooms | 77 | 67 | -13.0% |
| 4 Bedrooms | 69 | 61 | -11.6% |
| 5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The 27312 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 increased by 7.7%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27312, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 27312 in November 2024, down by 9.7% month-over-month. Of the 28 sold homes, 61% were sold under asking, 11% were sold at asking, and 29% were sold over asking.
Days on Market for 27312, NC
How long does it take to sell a home in 27312, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 144 Days | 59 Days | -58.8% |
Summary: Homes in 27312 had an average of 59 days on market in Nov 2024, down by 58.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27312 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in 27312; 46% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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