Is 27349, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27349 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 27349 has remained a Seller's Market.

Key Takeaway

27349 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27349, NC

How much do homes in 27349, NC cost?

Median Sold Price

$325,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,500(+9.2%)

Key Takeaway

Homes in 27349 have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in 27349 was $325,000 in November 2024, up 9.2% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $351.1K$270K
-23.1%
3 $290K$325K
+12.1%
4 $381K$467.2K
+22.6%
5+ --
N/A

Summary: 27349 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 decreased by 23.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27349
+9.2%
27344
+5.0%
27215
+4.9%
27298
+3.5%
27253
+1.5%

Housing Supply in 27349, NC

How many homes are available in 27349, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The 27349 real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1513
-13.3%
4 24
+100.0%
5+ 11
0.0%

Summary: The 27349 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 remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27349, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 27349 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for 27349, NC

How long does it take to sell a home in 27349, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days24 Days-6.1%

Summary: Homes in 27349 had an average of 24 days on market in Nov 2024, down by 6.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27349 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 27349; 60% of homes were sold within 30 days, 40% 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 21 Days Ago

Newest Listings in 27349, NC

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