$3,313 Closing Credit*
$279,000
1,780 SqFt
3 Beds
•2 Full Baths
Listing Office: Century 21 Russ Hollins, Realtors
Is 27371, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 27371 has remained a Seller's Market.
Key Takeaway
27371 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27371, NC
How much do homes in 27371, NC cost?
Median Sold Price
$231,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+11.8%)
Key Takeaway
Homes in 27371 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 27371 was $231,500 in October 2024, up 11.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | - | N/A |
| 2 Bedrooms | $132K | $200K | +51.5% |
| 3 Bedrooms | $197K | $232.2K | +17.9% |
| 4 Bedrooms | $350K | $185K | -47.1% |
| 5+ Bedrooms | $489.7K | $529.5K | +8.1% |
Summary: 27371 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 51.5%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 47.1%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in 27371, NC
How many homes are available in 27371, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The 27371 real estate market had 28 homes for sale in October 2024, a 12.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 27371 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 5.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27371, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 27371 in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27371, NC
How long does it take to sell a home in 27371, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 54 Days | -33.9% |
Summary: Homes in 27371 had an average of 54 days on market in Oct 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27371 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 27371; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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