$3,324 Closing Credit*
$279,900
1,378 SqFt
3 Beds
•2 Full Baths
Deborah Langdon, Listing Office: Johnson Properties Realtors
Is 27521, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27521 was a Seller's Market.
Key Takeaway
27521 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27521, NC
How much do homes in 27521, NC cost?
Median Sold Price
$258,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,000(+5.3%)
Key Takeaway
Homes in 27521 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 27521 was $258,000 in November 2024, up 5.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $190K | -11.6% |
| 3 Bedrooms | $260K | $274.9K | +5.8% |
| 4 Bedrooms | $232.7K | $424.4K | +82.4% |
| 5+ Bedrooms | $165K | $603.7K | +265.9% |
Summary: 27521 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 82.4%, and 5+ bedroom homes increased by 265.9%.
Housing Supply in 27521, NC
How many homes are available in 27521, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 36 | +33.3% |
Summary: The 27521 real estate market had 36 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 14 | 20 | +42.9% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 27521 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27521, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 27521 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 27521, NC
How long does it take to sell a home in 27521, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 26 Days | -54.3% |
Summary: Homes in 27521 had an average of 26 days on market in Nov 2024, down by 54.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27521 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 27521; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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