$4,928 Closing Credit*
$415,000
1,751 SqFt
4 Beds
•2 Full Baths, 1 Partial
Susan Abshire, Listing Office: Howard Perry & Walston Realtor
Is 27525, 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, 27525 has remained a Seller's Market.
Key Takeaway
27525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27525, NC
How much do homes in 27525, NC cost?
Median Sold Price
$361,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,139(+0.6%)
Key Takeaway
Homes in 27525 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 27525 was $361,000 in November 2024, up 0.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $105K | N/A |
| 2 Bedrooms | $231K | $212.4K | -8.0% |
| 3 Bedrooms | $338.2K | $347.4K | +2.7% |
| 4 Bedrooms | $416.9K | $442.5K | +6.1% |
| 5+ Bedrooms | $415K | $465K | +12.0% |
Summary: 27525 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 8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 12%.
Housing Supply in 27525, NC
How many homes are available in 27525, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 112 | 99 | -11.6% |
Summary: The 27525 real estate market had 99 homes for sale in November 2024, a 11.6% 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 | 2 | -33.3% |
| 3 Bedrooms | 73 | 65 | -11.0% |
| 4 Bedrooms | 32 | 29 | -9.4% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 27525 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 33.3%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27525, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 27525 in November 2024, up by 27.8% month-over-month. Of the 23 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for 27525, NC
How long does it take to sell a home in 27525, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 97 Days | 46 Days | -52.5% |
Summary: Homes in 27525 had an average of 46 days on market in Nov 2024, down by 52.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27525 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in 27525; 65% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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