Is 27341, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27341 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 27341 was a Buyer's Market.

Key Takeaway

27341 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27341, NC

How much do homes in 27341, NC cost?

Median Sold Price

$270,000

$197/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$35,000(+14.9%)

Key Takeaway

Homes in 27341 have sold for 14.9% more than they did a month ago.

Summary: The median home sold price in 27341 was $270,000 in October 2024, up 14.9% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$105K
N/A
3 $235K$600K
+155.3%
4 --
N/A
5+ --
N/A

Summary: 27341 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 155.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27341, NC

How many homes are available in 27341, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The 27341 real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 88
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 27341 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27341, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 27341 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 27341, NC

How long does it take to sell a home in 27341, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
3 Days3 Days+11.1%

Summary: Homes in 27341 had an average of 3 days on market in Oct 2024, up by 11.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27341 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 27341; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

Newest Listings in 27341, NC

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