$6,757 Closing Credit*
$569,000
4,003 SqFt
5 Beds
•4 Full Baths
Roberta Ager, Listing Office: eXp Realty, LLC - C
Is 27520, 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, 27520 has remained a Seller's Market.
Key Takeaway
27520 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27520, NC
How much do homes in 27520, NC cost?
Median Sold Price
$349,976
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$23(0%)
Key Takeaway
The sold price of homes in 27520 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176K | $168.5K | -4.3% |
| 2 Bedrooms | $232.9K | $265K | +13.8% |
| 3 Bedrooms | $320.4K | $325K | +1.4% |
| 4 Bedrooms | $431.5K | $422.9K | -2.0% |
| 5+ Bedrooms | $560K | $539K | -3.8% |
Summary: 27520 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 27520, NC
How many homes are available in 27520, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 250 | 258 | +3.2% |
Summary: The 27520 real estate market had 258 homes for sale in October 2024, a 3.2% 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 | 26 | 23 | -11.5% |
| 3 Bedrooms | 156 | 168 | +7.7% |
| 4 Bedrooms | 50 | 48 | -4.0% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 27520 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 11.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 55 | +12.2% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27520, you may be able to get a good deal. 65.5% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in 27520 in October 2024, up by 12.2% month-over-month. Of the 55 sold homes, 65% were sold under asking, 29% were sold at asking, and 5% were sold over asking.
Days on Market for 27520, NC
How long does it take to sell a home in 27520, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 38 Days | -52.5% |
Summary: Homes in 27520 had an average of 38 days on market in Oct 2024, down by 52.5% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27520 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 55 homes were sold in 27520; 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.
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