$10,000 Closing Credit*
$1,300,000
3,085 SqFt
5 Beds
•4 Full Baths
Chris Carrigan, Bonita Carrigan, Listing Office: eXp Realty, LLC - C
Is 27523, 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, 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
$685,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,024(+15.1%)
Key Takeaway
Homes in 27523 have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in 27523 was $685,000 in November 2024, up 15.1% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $639K | N/A |
| 2 Bedrooms | $625K | $650K | +4.0% |
| 3 Bedrooms | $517.4K | $550K | +6.3% |
| 4 Bedrooms | $584K | $647.5K | +10.9% |
| 5+ Bedrooms | $1.1M | $1.0M | -7.7% |
Summary: 27523 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 increased by 4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in 27523, NC
How many homes are available in 27523, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 69 | -9.2% |
Summary: The 27523 real estate market had 69 homes for sale in November 2024, a 9.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 26 | 25 | -3.8% |
| 5+ Bedrooms | 26 | 17 | -34.6% |
Summary: The 27523 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 remained the same, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 34.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27523, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 27523 in November 2024, down by 13.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 54% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 64 Days | -24.0% |
Summary: Homes in 27523 had an average of 64 days on market in Nov 2024, down by 24% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27523 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 27523; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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