Is 27330, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27330 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 27330 has remained a Seller's Market.

Key Takeaway

27330 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27330, NC

How much do homes in 27330, NC cost?

Median Sold Price

$320,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,250(+5.7%)

Key Takeaway

Homes in 27330 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 27330 was $320,000 in October 2024, up 5.7% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$198K
N/A
2 $232K$219.9K
-5.2%
3 $300K$306.8K
+2.3%
4 $335K$350.6K
+4.7%
5+ $458.2K$467K
+1.9%

Summary: 27330 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 5.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

27330
+5.7%
27332
+2.3%

Housing Supply in 27330, NC

How many homes are available in 27330, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
194216+11.3%

Summary: The 27330 real estate market had 216 homes for sale in October 2024, a 11.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 118137
+16.1%
4 4954
+10.2%
5+ 1717
0.0%

Summary: The 27330 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 decreased by 20%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2838+35.7%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27330, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 27330 in October 2024, up by 35.7% month-over-month. Of the 38 sold homes, 47% were sold under asking, 39% were sold at asking, and 13% were sold over asking.

Days on Market for 27330, NC

How long does it take to sell a home in 27330, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days79 Days+48.4%

Summary: Homes in 27330 had an average of 79 days on market in Oct 2024, up by 48.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27330 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 38 homes were sold in 27330; 39% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 27330, NC

Nearby Markets to 27330, NC