$4,738 Closing Credit*
$399,000
2,984 SqFt
4 Beds
•3 Full Baths, 1 Partial
#100480326, Listing Office: Down Home Realty And Property Management, Llc
Is 27534, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27534 was a Neutral 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
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, up 10% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $207K | +29.4% |
| 3 Bedrooms | $238.1K | $255.2K | +7.2% |
| 4 Bedrooms | $314.2K | $350.5K | +11.6% |
| 5+ Bedrooms | $417.5K | $432.4K | +3.6% |
Summary: 27534 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 increased by 29.4%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 27534, NC
How many homes are available in 27534, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 142 | 113 | -20.4% |
Summary: The 27534 real estate market had 113 homes for sale in November 2024, a 20.4% 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 | 8 | 4 | -50.0% |
| 3 Bedrooms | 85 | 72 | -15.3% |
| 4 Bedrooms | 47 | 34 | -27.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 27534 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 50%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 27.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 23 | -43.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27534, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 27534 in November 2024, down by 43.9% month-over-month. Of the 23 sold homes, 57% were sold under asking, 35% were sold at asking, and 9% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 62 Days | +26.8% |
Summary: Homes in 27534 had an average of 62 days on market in Nov 2024, up by 26.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 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 November 2024, 23 homes were sold in 27534; 43% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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