$7,125 Closing Credit*
$600,000
2,750 SqFt
4 Beds
•3 Full Baths
Kristy Garrett, Listing Office: Coldwell Banker Advantage
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.