$2,838 Closing Credit*
$239,000
1,800 SqFt
3 Beds
•2 Full Baths
Jeremy Perdue, Listing Office: Keller Williams Realty
Is 27370, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27370 has remained a Seller's Market.
Key Takeaway
27370 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27370, NC
How much do homes in 27370, NC cost?
Median Sold Price
$295,000
$170/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in 27370 has remained the same since last year.
Summary: The median home sold price in 27370 was $295,000 in November 2024, the same as last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $170K | +3.0% |
| 3 Bedrooms | $265K | $261.5K | -1.3% |
| 4 Bedrooms | $339.4K | $350K | +3.1% |
| 5+ Bedrooms | $407.9K | $352.7K | -13.5% |
Summary: 27370 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 increased by 3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 13.5%.
Housing Supply in 27370, NC
How many homes are available in 27370, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 96 | -1.0% |
Summary: The 27370 real estate market had 96 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 72 | 67 | -6.9% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 27370 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 increased by 60%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27370, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 27370 in November 2024, up by 21.4% month-over-month. Of the 17 sold homes, 65% were sold under asking, 29% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 48 Days | +35.6% |
Summary: Homes in 27370 had an average of 48 days on market in Nov 2024, up by 35.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27370 has remained consistent over time.
Summary: During November 2024, 17 homes were sold in 27370; 35% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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