$6,531 Closing Credit*
$550,000
2,843 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jim Allen, Listing Office: Coldwell Banker HPW
Is 27545, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27545 has remained a Seller's Market.
Key Takeaway
27545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27545, NC
How much do homes in 27545, NC cost?
Median Sold Price
$400,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,000(+8.4%)
Key Takeaway
Homes in 27545 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 27545 was $400,000 in November 2024, up 8.4% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $237K | $242.5K | +2.3% |
| 3 Bedrooms | $330K | $330K | 0.0% |
| 4 Bedrooms | $429.9K | $497K | +15.6% |
| 5+ Bedrooms | $532.5K | $576.4K | +8.3% |
Summary: 27545 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 2.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 27545, NC
How many homes are available in 27545, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 105 | -13.2% |
Summary: The 27545 real estate market had 105 homes for sale in November 2024, a 13.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 58 | 55 | -5.2% |
| 4 Bedrooms | 42 | 32 | -23.8% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The 27545 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 remained the same, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27545, you may be able to get a good deal. 69% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 27545 in November 2024, down by 6.5% month-over-month. Of the 29 sold homes, 69% were sold under asking, 21% were sold at asking, and 10% were sold over asking.
Days on Market for 27545, NC
How long does it take to sell a home in 27545, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 42 Days | -51.0% |
Summary: Homes in 27545 had an average of 42 days on market in Nov 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27545 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in 27545; 66% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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