$5,878 Closing Credit*
$495,000
2,618 SqFt
4 Beds
•2 Full Baths, 1 Partial
Michelle Jarman - Casey, Listing Office: HomeTowne Realty
Is 27527, 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, 27527 has remained a Seller's Market.
Key Takeaway
27527 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27527, NC
How much do homes in 27527, NC cost?
Median Sold Price
$400,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,783(+1.2%)
Key Takeaway
Homes in 27527 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 27527 was $400,000 in November 2024, up 1.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $285K | -23.0% |
| 3 Bedrooms | $350K | $355K | +1.4% |
| 4 Bedrooms | $440K | $442.5K | +0.6% |
| 5+ Bedrooms | $461.1K | $499.9K | +8.4% |
Summary: 27527 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 23%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 8.4%.
Housing Supply in 27527, NC
How many homes are available in 27527, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 188 | 170 | -9.6% |
Summary: The 27527 real estate market had 170 homes for sale in November 2024, a 9.6% 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 92 | 87 | -5.4% |
| 4 Bedrooms | 72 | 59 | -18.1% |
| 5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The 27527 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 increased by 33.3%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 39 | -13.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27527, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 27527 in November 2024, down by 13.3% month-over-month. Of the 39 sold homes, 62% were sold under asking, 36% were sold at asking, and 3% were sold over asking.
Days on Market for 27527, NC
How long does it take to sell a home in 27527, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 55 Days | -11.0% |
Summary: Homes in 27527 had an average of 55 days on market in Nov 2024, down by 11% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27527 has remained consistent over time.
Summary: During November 2024, 39 homes were sold in 27527; 33% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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