$7,124 Closing Credit*
$599,900
2,895 SqFt
4 Beds
•2 Full Baths, 1 Partial
Ashley Trammel, Alan Trammel, Listing Office: Trammel Brothers Inc.
Is 27503, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 27503 was a Buyer's Market.
Key Takeaway
27503 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27503, NC
How much do homes in 27503, NC cost?
Median Sold Price
$780,000
$234/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$450,000(+136.4%)
Key Takeaway
Homes in 27503 have sold for 136.4% more than they did a month ago.
Summary: The median home sold price in 27503 was $780,000 in December 2024, up 136.4% from last month, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $330K | $325K | -1.5% |
| 4 Bedrooms | - | $1.2M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 27503 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 27503, NC
How many homes are available in 27503, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The 27503 real estate market had 9 homes for sale in December 2024, a 10.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27503 housing inventory by bedroom type for December 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27503, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 27503 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27503, NC
How long does it take to sell a home in 27503, NC?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 Days | 11 Days | +10.0% |
Summary: Homes in 27503 had an average of 11 days on market in Dec 2024, up by 10% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27503 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 27503; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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