$1,603 Closing Credit*
$135,000
905 SqFt
3 Beds
•1 Full Bath
Tameka Henderson, Listing Office: One D Realty LLC
Is 27405, 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, 27405 has remained a Seller's Market.
Key Takeaway
27405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27405, NC
How much do homes in 27405, NC cost?
Median Sold Price
$232,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,000(+10.5%)
Key Takeaway
Homes in 27405 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 27405 was $232,000 in November 2024, up 10.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $97.5K | N/A |
| 2 Bedrooms | $135K | $130K | -3.7% |
| 3 Bedrooms | $213.6K | $230K | +7.6% |
| 4 Bedrooms | $289.9K | $310K | +6.9% |
| 5+ Bedrooms | $362.5K | $375.9K | +3.7% |
Summary: 27405 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 27405, NC
How many homes are available in 27405, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 195 | 169 | -13.3% |
Summary: The 27405 real estate market had 169 homes for sale in November 2024, a 13.3% 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 | 21 | 21 | 0.0% |
| 3 Bedrooms | 109 | 92 | -15.6% |
| 4 Bedrooms | 56 | 47 | -16.1% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 27405 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 remained the same, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 40 | -27.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27405, you may be able to get a good deal. 47.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 27405 in November 2024, down by 27.3% month-over-month. Of the 40 sold homes, 48% were sold under asking, 30% were sold at asking, and 23% were sold over asking.
Days on Market for 27405, NC
How long does it take to sell a home in 27405, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 41 Days | +36.3% |
Summary: Homes in 27405 had an average of 41 days on market in Nov 2024, up by 36.3% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27405 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 40 homes were sold in 27405; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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