Is 27530, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27530 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 27530 has remained a Seller's Market.

Key Takeaway

27530 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27530, NC

How much do homes in 27530, NC cost?

Median Sold Price

$239,950

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,416(+5.9%)

Key Takeaway

Homes in 27530 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 27530 was $239,950 in November 2024, up 5.9% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $72K-
N/A
2 $132.5K$129K
-2.6%
3 $227.2K$245K
+7.8%
4 $330K$296.7K
-10.1%
5+ $359.9K$381.9K
+6.1%

Summary: 27530 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 2.6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

27534
+10.0%
27569
+6.5%
27530
+5.9%
28333
+5.8%

Housing Supply in 27530, NC

How many homes are available in 27530, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1771770.0%

Summary: The 27530 real estate market had 177 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2322
-4.3%
3 117111
-5.1%
4 3439
+14.7%
5+ 35
+66.7%

Summary: The 27530 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 4.3%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3231-3.1%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27530, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 27530 in November 2024, down by 3.1% month-over-month. Of the 31 sold homes, 55% were sold under asking, 23% were sold at asking, and 23% 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

Nov 2023Nov 2024CHANGE
45 Days34 Days-23.7%

Summary: Homes in 27530 had an average of 34 days on market in Nov 2024, down by 23.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27530 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 31 homes were sold in 27530; 65% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 27530, NC

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