$65,000
2.00 Acres
Land
Erika Luster, Listing Office: Keller Williams Preferred Realty
Is 27522, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27522 has remained a Seller's Market.
Key Takeaway
27522 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27522, NC
How much do homes in 27522, NC cost?
Median Sold Price
$365,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+4.3%)
Key Takeaway
Homes in 27522 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 27522 was $365,000 in November 2024, up 4.3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $220K | -33.3% |
| 3 Bedrooms | $323.5K | $320K | -1.1% |
| 4 Bedrooms | $465K | $400K | -14.0% |
| 5+ Bedrooms | $422.5K | $451.9K | +7.0% |
Summary: 27522 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 33.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 7%.
Housing Supply in 27522, NC
How many homes are available in 27522, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 42 | -20.8% |
Summary: The 27522 real estate market had 42 homes for sale in November 2024, a 20.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 21 | 14 | -33.3% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 27522 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27522, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 27522 in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for 27522, NC
How long does it take to sell a home in 27522, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 49 Days | -21.1% |
Summary: Homes in 27522 had an average of 49 days on market in Nov 2024, down by 21.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27522 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 27522; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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