$4,738 Closing Credit*
$399,000
2,521 SqFt
4 Beds
•2 Full Baths, 1 Partial
#100474474, Listing Office: Down Home Realty And Property Management, Llc
Is 27530, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27530 was a Seller's Market.
Key Takeaway
27530 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27530, NC
How much do homes in 27530, NC cost?
Median Sold Price
$237,975
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,419(+4.6%)
Key Takeaway
Homes in 27530 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 27530 was $237,975 in October 2024, up 4.6% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | - | N/A |
| 2 Bedrooms | $132.5K | $130K | -1.9% |
| 3 Bedrooms | $228.6K | $240K | +5.0% |
| 4 Bedrooms | $336.9K | $290K | -13.9% |
| 5+ Bedrooms | $365K | $365K | 0.0% |
Summary: 27530 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 1.9%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes did not change.
Housing Supply in 27530, NC
How many homes are available in 27530, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 154 | 182 | +18.2% |
Summary: The 27530 real estate market had 182 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 27 | +28.6% |
| 3 Bedrooms | 99 | 118 | +19.2% |
| 4 Bedrooms | 34 | 34 | 0.0% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The 27530 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 increased by 28.6%, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27530, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 27530 in October 2024, down by 3.6% month-over-month. Of the 27 sold homes, 56% were sold under asking, 26% were sold at asking, and 19% were sold over asking.
Days on Market for 27530, NC
How long does it take to sell a home in 27530, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 37 Days | -6.5% |
Summary: Homes in 27530 had an average of 37 days on market in Oct 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27530 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 27530; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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