$6,332 Closing Credit*
$533,210
2,464 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jessie Kay Krieger, Listing Office: Garman Homes LLC
Is 27312, 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, 27312 was a Neutral Market.
Key Takeaway
27312 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27312, NC
How much do homes in 27312, NC cost?
Median Sold Price
$600,292
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,118(-1.3%)
Key Takeaway
Homes in 27312 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 27312 was $600,292 in October 2024, down 1.3% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $339.3K | - | N/A |
| 2 Bedrooms | $394.2K | $375K | -4.9% |
| 3 Bedrooms | $470K | $470K | 0.0% |
| 4 Bedrooms | $779.9K | $865K | +10.9% |
| 5+ Bedrooms | $745.5K | $935K | +25.4% |
Summary: 27312 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 decreased by 4.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 25.4%.
Housing Supply in 27312, NC
How many homes are available in 27312, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 180 | 185 | +2.8% |
Summary: The 27312 real estate market had 185 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 79 | 83 | +5.1% |
| 4 Bedrooms | 60 | 65 | +8.3% |
| 5+ Bedrooms | 28 | 24 | -14.3% |
Summary: The 27312 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 remained the same, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 31 | +29.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 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. 38.7% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 27312 in October 2024, up by 29.2% month-over-month. Of the 31 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 123 Days | 68 Days | -44.5% |
Summary: Homes in 27312 had an average of 68 days on market in Oct 2024, down by 44.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 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 October 2024, 31 homes were sold in 27312; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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