$1,781 Closing Credit*
$150,000
976 SqFt
1 Full Bath
Saul Moyao Castillo, Michelle Vega, Listing Office: Movil Realty
Is 27545, 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, 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
$395,500
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,500(+6.9%)
Key Takeaway
Homes in 27545 have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in 27545 was $395,500 in October 2024, up 6.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $237K | $240K | +1.3% |
| 3 Bedrooms | $325.2K | $340K | +4.5% |
| 4 Bedrooms | $429.9K | $485K | +12.8% |
| 5+ Bedrooms | $543.4K | $581.2K | +7.0% |
Summary: 27545 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 1.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 7%.
Housing Supply in 27545, NC
How many homes are available in 27545, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 117 | 114 | -2.6% |
Summary: The 27545 real estate market had 114 homes for sale in October 2024, a 2.6% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 57 | 57 | 0.0% |
| 4 Bedrooms | 40 | 38 | -5.0% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 27545 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27545, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 27545 in October 2024, up by 20.0% month-over-month. Of the 30 sold homes, 60% were sold under asking, 37% were sold at asking, and 3% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 100 Days | 42 Days | -57.2% |
Summary: Homes in 27545 had an average of 42 days on market in Oct 2024, down by 57.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 30 homes were sold in 27545; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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