Is 27332, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27332 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 27332 was a Seller's Market.

Key Takeaway

27332 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27332, NC

How much do homes in 27332, NC cost?

Median Sold Price

$324,984

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,320(+2.3%)

Key Takeaway

Homes in 27332 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 27332 was $324,984 in October 2024, up 2.3% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K-
N/A
2 $203.7K$240K
+17.8%
3 $296.4K$315K
+6.3%
4 $370K$351.5K
-5.0%
5+ $450K$495K
+10.0%

Summary: 27332 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 increased by 17.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Zip Codes

27505
+9.8%
27546
+7.9%
27330
+5.7%
27332
+2.3%
28326
+1.8%

Housing Supply in 27332, NC

How many homes are available in 27332, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
272265-2.6%

Summary: The 27332 real estate market had 265 homes for sale in October 2024, a 2.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 163169
+3.7%
4 8474
-11.9%
5+ 1311
-15.4%

Summary: The 27332 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 8.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5837-36.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27332, expect to pay close to the asking price. 62.2% of homes here sold near the asking price last month.

Summary: A total of 37 homes were sold or pending in 27332 in October 2024, down by 36.2% month-over-month. Of the 37 sold homes, 35% were sold under asking, 62% were sold at asking, and 3% were sold over asking.

Days on Market for 27332, NC

How long does it take to sell a home in 27332, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days64 Days+9.0%

Summary: Homes in 27332 had an average of 64 days on market in Oct 2024, up by 9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27332 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in 27332; 43% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 24% 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 21 Days Ago

Newest Listings in 27332, NC

Nearby Markets to 27332, NC