$2,613 Closing Credit*
$220,000
1,011 SqFt
2 Beds
•1 Full Bath
MACY ELIZABETH FAULK, Listing Office: COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Is 27332, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27332 was a Seller's Market.
Key Takeaway
27332 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 27332, NC
How much do homes in 27332, NC cost?
Median Sold Price
$326,255
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,330(+5.3%)
Key Takeaway
Homes in 27332 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 27332 was $326,255 in November 2024, up 5.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $182K | $246.5K | +35.4% |
| 3 Bedrooms | $295.3K | $318.5K | +7.8% |
| 4 Bedrooms | $367.2K | $350K | -4.7% |
| 5+ Bedrooms | $455K | $502.4K | +10.4% |
Summary: 27332 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 increased by 35.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in 27332, NC
How many homes are available in 27332, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 274 | 271 | -1.1% |
Summary: The 27332 real estate market had 271 homes for sale in November 2024, a 1.1% 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 | 11 | 13 | +18.2% |
| 3 Bedrooms | 175 | 164 | -6.3% |
| 4 Bedrooms | 79 | 83 | +5.1% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 27332 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 18.2%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 43 | +16.2% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27332, you may be able to get a good deal. 65.1% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 27332 in November 2024, up by 16.2% month-over-month. Of the 43 sold homes, 65% were sold under asking, 28% were sold at asking, and 7% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 72 Days | +42.9% |
Summary: Homes in 27332 had an average of 72 days on market in Nov 2024, up by 42.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27332 has remained consistent over time.
Summary: During November 2024, 43 homes were sold in 27332; 35% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
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