$3,858 Closing Credit*
$324,900
1,800 SqFt
3 Beds
•2 Full Baths
#100476921, Listing Office: RE/MAX Southland Realty II
Is 27534, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 27534 has remained a Seller's Market.
Key Takeaway
27534 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27534, NC
How much do homes in 27534, NC cost?
Median Sold Price
$275,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+10.0%)
Key Takeaway
Homes in 27534 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 27534 was $275,000 in October 2024, up 10% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | - | N/A |
| 2 Bedrooms | $147K | $201K | +36.7% |
| 3 Bedrooms | $239.5K | $255.4K | +6.7% |
| 4 Bedrooms | $315K | $349.9K | +11.1% |
| 5+ Bedrooms | $420K | $422.4K | +0.6% |
Summary: 27534 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 increased by 36.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in 27534, NC
How many homes are available in 27534, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 153 | 142 | -7.2% |
Summary: The 27534 real estate market had 142 homes for sale in October 2024, a 7.2% decrease 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 | 6 | 8 | +33.3% |
| 3 Bedrooms | 86 | 86 | 0.0% |
| 4 Bedrooms | 56 | 45 | -19.6% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 27534 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27534, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 27534 in October 2024, up by 11.4% month-over-month. Of the 39 sold homes, 56% were sold under asking, 41% were sold at asking, and 3% were sold over asking.
Days on Market for 27534, NC
How long does it take to sell a home in 27534, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 63 Days | +85.2% |
Summary: Homes in 27534 had an average of 63 days on market in Oct 2024, up by 85.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27534 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in 27534; 44% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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