Is 27536, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27536 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 27536 has remained a Seller's Market.

Key Takeaway

27536 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27536, NC

How much do homes in 27536, NC cost?

Median Sold Price

$182,500

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,500(-6.4%)

Key Takeaway

Homes in 27536 have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in 27536 was $182,500 in November 2024, down 6.4% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $50K-
N/A
2 $112.5K$111K
-1.3%
3 $186K$197.5K
+6.2%
4 $319K$326K
+2.2%
5+ $697.5K$285K
-59.1%

Summary: 27536 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 1.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 59.1%.

Median Sold Price Compared To Nearby Zip Codes

27537
+13.0%
27536
-6.4%

Housing Supply in 27536, NC

How many homes are available in 27536, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7573-2.7%

Summary: The 27536 real estate market had 73 homes for sale in November 2024, a 2.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1612
-25.0%
3 4144
+7.3%
4 1312
-7.7%
5+ 44
0.0%

Summary: The 27536 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 25%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27536, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 27536 in November 2024, down by 18.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for 27536, NC

How long does it take to sell a home in 27536, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days24 Days-57.7%

Summary: Homes in 27536 had an average of 24 days on market in Nov 2024, down by 57.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27536 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 27536; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 27536, NC

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