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 October 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

$180,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$21,500(-10.7%)

Key Takeaway

Homes in 27536 have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in 27536 was $180,000 in October 2024, down 10.7% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $50K-
N/A
2 $97.5K$123.2K
+26.4%
3 $195K$194K
-0.5%
4 $367.5K$333K
-9.4%
5+ $712K$273.5K
-61.6%

Summary: 27536 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 26.4%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 61.6%.

Median Sold Price Compared To Nearby Zip Codes

27537
+9.3%
27536
-10.7%

Housing Supply in 27536, NC

How many homes are available in 27536, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6772+7.5%

Summary: The 27536 real estate market had 72 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1413
-7.1%
3 3442
+23.5%
4 1212
0.0%
5+ 64
-33.3%

Summary: The 27536 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 decreased by 7.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1116+45.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was 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. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 27536 in October 2024, up by 45.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% 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

Oct 2023Oct 2024CHANGE
113 Days24 Days-78.5%

Summary: Homes in 27536 had an average of 24 days on market in Oct 2024, down by 78.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 16 homes were sold in 27536; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% 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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