$4,150 Closing Credit*
$349,500
1,475 SqFt
3 Beds
•2 Full Baths
Chandler Kidd, Listing Office: The Real Estate Shoppe
Is 27317, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 27317 was a Seller's Market.
Key Takeaway
27317 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27317, NC
How much do homes in 27317, NC cost?
Median Sold Price
$267,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$17,000(+6.8%)
Key Takeaway
Homes in 27317 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 27317 was $267,000 in December 2024, up 6.8% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $159K | -51.1% |
| 2 Bedrooms | $182.7K | $187.7K | +2.7% |
| 3 Bedrooms | $266K | $279.9K | +5.2% |
| 4 Bedrooms | $280K | $300K | +7.1% |
| 5+ Bedrooms | $719.5K | $557.5K | -22.5% |
Summary: 27317 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.1%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 22.5%.
Median Sold Price Compared To Nearby Zip Codes
| 27203 | $204.7K | $224K | +9.4% |
| 27317 | $250K | $267K | +6.8% |
| 27233 | $300K | $300K | 0.0% |
| 27350 | $288K | $250K | -13.2% |
Housing Supply in 27317, NC
How many homes are available in 27317, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 34 | +21.4% |
Summary: The 27317 real estate market had 34 homes for sale in December 2024, a 21.4% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27317 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27317, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 27317 in December 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27317, NC
How long does it take to sell a home in 27317, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 22 Days | -23.1% |
Summary: Homes in 27317 had an average of 22 days on market in Dec 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27317 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in 27317; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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