$499,000
33.86 Acres
Land
Kris Howard, Listing Office: Chatham Homes Realty
Is 27349, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27349 was a Seller's Market.
Key Takeaway
27349 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27349, NC
How much do homes in 27349, NC cost?
Median Sold Price
$329,950
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,950(+11.8%)
Key Takeaway
Homes in 27349 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 27349 was $329,950 in October 2024, up 11.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $351.1K | $270K | -23.1% |
| 3 Bedrooms | $290K | $329.9K | +13.8% |
| 4 Bedrooms | $381K | $350K | -8.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 27349 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 23.1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes did not change.
Housing Supply in 27349, NC
How many homes are available in 27349, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 27349 real estate market had 15 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27349 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 decreased by 7.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27349, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 27349 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 2 Days | -96.2% |
Summary: Homes in 27349 had an average of 2 days on market in Oct 2024, down by 96.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27349 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 27349; 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.
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