Is 27379, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27379 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 27379 has remained a Buyer's Market.

Key Takeaway

27379 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27379, NC

How much do homes in 27379, NC cost?

Median Sold Price

$285,000

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$115,000(+67.6%)

Key Takeaway

Homes in 27379 have sold for 67.6% more than they did a month ago.

Summary: The median home sold price in 27379 was $285,000 in November 2024, up 67.6% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$85K
N/A
2 $170K-
N/A
3 --
N/A
4 -$285K
N/A
5+ --
N/A

Summary: 27379 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27379
+67.6%
27311
-20.1%

Housing Supply in 27379, NC

How many homes are available in 27379, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2329+26.1%

Summary: The 27379 real estate market had 29 homes for sale in November 2024, a 26.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 810
+25.0%
4 58
+60.0%
5+ 88
0.0%

Summary: The 27379 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 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27379, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 27379 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 27379, NC

How long does it take to sell a home in 27379, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days65 Days+720.8%

Summary: Homes in 27379 had an average of 65 days on market in Nov 2024, up by 720.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27379 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 27379; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 27379, NC

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