$145,000
0.18 Acres
Land
Melissa Greer, Listing Office: Berkshire Hathaway HomeServices Yost & Little Realty
Is 27403, 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, 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
$317,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,685(+22.7%)
Key Takeaway
Homes in 27403 have sold for 22.7% more than they did a year ago.
Summary: The median home sold price in 27403 was $317,500 in October 2024, up 22.7% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $90.1K | -51.3% |
| 2 Bedrooms | $150K | $175K | +16.7% |
| 3 Bedrooms | $262.5K | $300K | +14.3% |
| 4 Bedrooms | $393.5K | $499K | +26.8% |
| 5+ Bedrooms | $526K | $558.8K | +6.2% |
Summary: 27403 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 26.8%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 91 | +11.0% |
Summary: The 27403 real estate market had 91 homes for sale in October 2024, a 11.0% 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 | 12 | 16 | +33.3% |
| 3 Bedrooms | 43 | 47 | +9.3% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 27403 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 33.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27403, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 27403 in October 2024, down by 10.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 11% were sold at asking, and 28% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 38 Days | +26.1% |
Summary: Homes in 27403 had an average of 38 days on market in Oct 2024, up by 26.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27403 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 27403; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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