$3,088 Closing Credit*
$260,000
1,394 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lanisha Haithcock, Listing Office: eXp Realty
Is 27403, 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, 27403 has remained a Seller's Market.
Key Takeaway
27403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27403, NC
How much do homes in 27403, NC cost?
Median Sold Price
$310,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,500(+15.9%)
Key Takeaway
Homes in 27403 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 27403 was $310,000 in November 2024, up 15.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $90.1K | -51.3% |
| 2 Bedrooms | $150K | $172K | +14.7% |
| 3 Bedrooms | $272K | $294.4K | +8.3% |
| 4 Bedrooms | $400.5K | $500.5K | +25.0% |
| 5+ Bedrooms | $526K | $558.8K | +6.2% |
Summary: 27403 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.3%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in 27403, NC
How many homes are available in 27403, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 82 | -5.7% |
Summary: The 27403 real estate market had 82 homes for sale in November 2024, a 5.7% 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 | 16 | 13 | -18.8% |
| 3 Bedrooms | 45 | 46 | +2.2% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 27403 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 decreased by 18.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27403, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 27403 in November 2024, down by 11.1% month-over-month. Of the 16 sold homes, 75% were sold under asking, 6% were sold at asking, and 19% were sold over asking.
Days on Market for 27403, NC
How long does it take to sell a home in 27403, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 31 Days | -13.2% |
Summary: Homes in 27403 had an average of 31 days on market in Nov 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27403 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in 27403; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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