$4,999 Closing Credit*
$421,000
2,048 SqFt
3 Beds
•2 Full Baths, 1 Partial
Thomas Ladane Shoupe, Amy Horne, Listing Office: Opendoor Brokerage LLC
Is 27522, 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, 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
$350,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,500(-2.1%)
Key Takeaway
Homes in 27522 have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in 27522 was $350,000 in October 2024, down 2.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $225K | -31.8% |
| 3 Bedrooms | $330K | $315K | -4.5% |
| 4 Bedrooms | $530K | $410K | -22.6% |
| 5+ Bedrooms | $422.5K | $424.9K | +0.6% |
Summary: 27522 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.8%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in 27522, NC
How many homes are available in 27522, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The 27522 real estate market had 53 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 27522 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27522, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 27522 in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 27 Days | -41.6% |
Summary: Homes in 27522 had an average of 27 days on market in Oct 2024, down by 41.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 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 October 2024, 11 homes were sold in 27522; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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