$5,462 Closing Credit*
$459,999
2,342 SqFt
4 Beds
•3 Full Baths, 1 Partial
Leslie-Anne Ball, Listing Office: Better Homes & Gardens Real Es
Is 27523, 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, 27523 has remained a Seller's Market.
Key Takeaway
27523 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27523, NC
How much do homes in 27523, NC cost?
Median Sold Price
$668,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,958(+10.8%)
Key Takeaway
Homes in 27523 have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in 27523 was $668,000 in October 2024, up 10.8% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $625K | $650K | +4.0% |
| 3 Bedrooms | $529.9K | $534K | +0.8% |
| 4 Bedrooms | $584K | $644.9K | +10.4% |
| 5+ Bedrooms | $1.1M | $1.0M | -10.2% |
Summary: 27523 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 increased by 4%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 10.2%.
Housing Supply in 27523, NC
How many homes are available in 27523, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 | 77 | +2.7% |
Summary: The 27523 real estate market had 77 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 26 | 28 | +7.7% |
| 5+ Bedrooms | 25 | 26 | +4.0% |
Summary: The 27523 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27523, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 27523 in October 2024, down by 5.9% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for 27523, NC
How long does it take to sell a home in 27523, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 91 Days | 29 Days | -67.9% |
Summary: Homes in 27523 had an average of 29 days on market in Oct 2024, down by 67.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27523 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 27523; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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