$2,244 Closing Credit*
$189,000
1,276 SqFt
2 Beds
•2 Full Baths, 1 Partial
Jennifer Washburn, Listing Office: RE/MAX Realty Consultants
Is 27409, 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, 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
$205,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+2.5%)
Key Takeaway
Homes in 27409 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 27409 was $205,000 in November 2024, up 2.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $151K | $160K | +6.0% |
| 3 Bedrooms | $267.5K | $260K | -2.8% |
| 4 Bedrooms | $439.9K | $579.5K | +31.7% |
| 5+ Bedrooms | $458.8K | - | N/A |
Summary: 27409 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 increased by 6%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 31.7%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 62 | +5.1% |
Summary: The 27409 real estate market had 62 homes for sale in November 2024, a 5.1% increase 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 | 35 | 41 | +17.1% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27409 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 17.1%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27409, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 27409 in November 2024, down by 20.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +38.6% |
Summary: Homes in 27409 had an average of 28 days on market in Nov 2024, up by 38.6% compared to last year.
Breakdown of Home Sale Times
8 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 27409 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 27409; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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