$3,859 Closing Credit*
$325,000
1,550 SqFt
3 Beds
•1 Full Bath, 1 Partial
Wallace E Peiffer, Listing Office: Premier Advantage Realty Inc
Is 27509, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27509 was a Seller's Market.
Key Takeaway
27509 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27509, NC
How much do homes in 27509, NC cost?
Median Sold Price
$306,900
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,900(+14.9%)
Key Takeaway
Homes in 27509 have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in 27509 was $306,900 in October 2024, up 14.9% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210.2K | $300K | +42.7% |
| 3 Bedrooms | $266.5K | $290.3K | +8.9% |
| 4 Bedrooms | $350K | $429.4K | +22.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 27509 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 42.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.
Housing Supply in 27509, NC
How many homes are available in 27509, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The 27509 real estate market had 7 homes for sale in October 2024, a 40.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 27509 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27509, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 27509 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 27509, NC
How long does it take to sell a home in 27509, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 8 Days | -84.4% |
Summary: Homes in 27509 had an average of 8 days on market in Oct 2024, down by 84.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27509 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 27509; 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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