$7,689 Closing Credit*
$647,500
2,402 SqFt
4 Beds
•3 Full Baths, 1 Partial
Michelle Roberts, Listing Office: HODGE & KITTRELL SOTHEBYS INTE
Is 27519, 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, 27519 has remained a Seller's Market.
Key Takeaway
27519 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27519, NC
How much do homes in 27519, NC cost?
Median Sold Price
$698,166
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,541(+10.4%)
Key Takeaway
Homes in 27519 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 27519 was $698,166 in October 2024, up 10.4% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.9K | $265K | -1.8% |
| 2 Bedrooms | $450K | $470K | +4.4% |
| 3 Bedrooms | $548.3K | $587.4K | +7.1% |
| 4 Bedrooms | $656K | $774K | +18.0% |
| 5+ Bedrooms | $999.5K | $1.1M | +10.8% |
Summary: 27519 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 10.8%.
Housing Supply in 27519, NC
How many homes are available in 27519, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 154 | 181 | +17.5% |
Summary: The 27519 real estate market had 181 homes for sale in October 2024, a 17.5% 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 | 13 | 15 | +15.4% |
| 3 Bedrooms | 61 | 69 | +13.1% |
| 4 Bedrooms | 45 | 54 | +20.0% |
| 5+ Bedrooms | 35 | 43 | +22.9% |
Summary: The 27519 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 15.4%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 22.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 42 | +31.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27519, you may be able to get a good deal. 73.8% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 27519 in October 2024, up by 31.3% month-over-month. Of the 42 sold homes, 74% were sold under asking, 10% were sold at asking, and 17% were sold over asking.
Days on Market for 27519, NC
How long does it take to sell a home in 27519, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 36 Days | -37.3% |
Summary: Homes in 27519 had an average of 36 days on market in Oct 2024, down by 37.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27519 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in 27519; 55% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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