$3,324 Closing Credit*
$279,900
1,011 SqFt
3 Beds
•1 Full Bath
Becky Belk, Ryan Belk, Listing Office: Keller Williams Realty United
Is 27517, 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, 27517 has remained a Seller's Market.
Key Takeaway
27517 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27517, NC
How much do homes in 27517, NC cost?
Median Sold Price
$692,500
$264/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in 27517 has remained the same since last year.
Summary: The median home sold price in 27517 was $692,500 in October 2024, the same as last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $445K | $357.5K | -19.7% |
| 2 Bedrooms | $306K | $320K | +4.6% |
| 3 Bedrooms | $620K | $605K | -2.4% |
| 4 Bedrooms | $870K | $860K | -1.1% |
| 5+ Bedrooms | $1.0M | $1.0M | +7.8% |
Summary: 27517 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 27517, NC
How many homes are available in 27517, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 | 149 | +8.0% |
Summary: The 27517 real estate market had 149 homes for sale in October 2024, a 8.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 24 | 23 | -4.2% |
| 3 Bedrooms | 41 | 41 | 0.0% |
| 4 Bedrooms | 43 | 48 | +11.6% |
| 5+ Bedrooms | 27 | 34 | +25.9% |
Summary: The 27517 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 decreased by 4.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 25.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 32 | +39.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27517, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 27517 in October 2024, up by 39.1% month-over-month. Of the 32 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.
Days on Market for 27517, NC
How long does it take to sell a home in 27517, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 55 Days | +4.2% |
Summary: Homes in 27517 had an average of 55 days on market in Oct 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27517 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in 27517; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.