$7,630 Closing Credit*
$642,500
2,914 SqFt
5 Beds
•3 Full Baths, 1 Partial
#100474302, Listing Office: Front Runner Realty Group
Is 27376, 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, 27376 has remained a Seller's Market.
Key Takeaway
27376 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27376, NC
How much do homes in 27376, NC cost?
Median Sold Price
$470,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,500(+6.9%)
Key Takeaway
Homes in 27376 have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in 27376 was $470,000 in October 2024, up 6.9% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231.5K | $267K | +15.3% |
| 3 Bedrooms | $415K | $427K | +2.9% |
| 4 Bedrooms | $475K | $540K | +13.7% |
| 5+ Bedrooms | $682.2K | $610.1K | -10.6% |
Summary: 27376 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 15.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 10.6%.
Housing Supply in 27376, NC
How many homes are available in 27376, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 84 | -3.4% |
Summary: The 27376 real estate market had 84 homes for sale in October 2024, a 3.4% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 57 | 54 | -5.3% |
| 4 Bedrooms | 27 | 28 | +3.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 27376 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 5.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27376, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 27376 in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 47% were sold at asking, and 0% were sold over asking.
Days on Market for 27376, NC
How long does it take to sell a home in 27376, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 38 Days | -45.3% |
Summary: Homes in 27376 had an average of 38 days on market in Oct 2024, down by 45.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27376 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 27376; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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