$4,927 Closing Credit*
$414,900
2,523 SqFt
3 Beds
•2 Full Baths, 1 Partial
Carla Janney, Listing Office: Eastwood Construction Co., Inc.
Is 27370, 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, 27370 was a Seller's Market.
Key Takeaway
27370 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 27370, NC
How much do homes in 27370, NC cost?
Median Sold Price
$297,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,499(-0.8%)
Key Takeaway
Homes in 27370 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 27370 was $297,500 in October 2024, down 0.8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $170K | +3.0% |
| 3 Bedrooms | $265K | $270K | +1.9% |
| 4 Bedrooms | $360K | $342.4K | -4.9% |
| 5+ Bedrooms | $408.9K | $352.7K | -13.7% |
Summary: 27370 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 3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 13.7%.
Housing Supply in 27370, NC
How many homes are available in 27370, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 88 | 0.0% |
Summary: The 27370 real estate market had 88 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 | 2 | 4 | +100.0% |
| 3 Bedrooms | 72 | 68 | -5.6% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 27370 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 increased by 100%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27370, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 27370 in October 2024, down by 13.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 54% were sold at asking, and 15% were sold over asking.
Days on Market for 27370, NC
How long does it take to sell a home in 27370, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 35 Days | +167.8% |
Summary: Homes in 27370 had an average of 35 days on market in Oct 2024, up by 167.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27370 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 27370; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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