$1,873 Closing Credit*
$157,700
1,170 SqFt
2 Beds
•2 Full Baths
Ramilya Siegel, Listing Office: KELLER WILLIAMS REALTY
Is 27409, 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, 27409 has remained a Seller's Market.
Key Takeaway
27409 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27409, NC
How much do homes in 27409, NC cost?
Median Sold Price
$215,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+7.5%)
Key Takeaway
Homes in 27409 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 27409 was $215,000 in October 2024, up 7.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $162.7K | +8.5% |
| 3 Bedrooms | $265K | $262.5K | -0.9% |
| 4 Bedrooms | $449.9K | $577K | +28.3% |
| 5+ Bedrooms | $458.8K | - | N/A |
Summary: 27409 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 8.5%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes did not change.
Housing Supply in 27409, NC
How many homes are available in 27409, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 60 | +13.2% |
Summary: The 27409 real estate market had 60 homes for sale in October 2024, a 13.2% 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 | 30 | 36 | +20.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27409 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 20%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27409, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 27409 in October 2024, up by 7.1% month-over-month. Of the 15 sold homes, 33% were sold under asking, 53% were sold at asking, and 13% were sold over asking.
Days on Market for 27409, NC
How long does it take to sell a home in 27409, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 21 Days | +134.4% |
Summary: Homes in 27409 had an average of 21 days on market in Oct 2024, up by 134.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27409 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 27409; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
