Is 27546, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27546 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 27546 has remained a Buyer's Market.

Key Takeaway

27546 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27546, NC

How much do homes in 27546, NC cost?

Median Sold Price

$351,086

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,336(+6.5%)

Key Takeaway

Homes in 27546 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 27546 was $351,086 in November 2024, up 6.5% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $99.5K$70K
-29.6%
2 $177.5K$206.7K
+16.5%
3 $286.5K$312.9K
+9.2%
4 $380.4K$383.3K
+0.8%
5+ $451.4K$469.9K
+4.1%

Summary: 27546 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.6%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Zip Codes

27505
+9.8%
27546
+6.5%
27521
+5.3%
28339
-2.0%
28323
-2.5%

Housing Supply in 27546, NC

How many homes are available in 27546, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
188178-5.3%

Summary: The 27546 real estate market had 178 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 02
+100.0%
3 9085
-5.6%
4 8881
-8.0%
5+ 109
-10.0%

Summary: The 27546 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3423-32.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27546, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 27546 in November 2024, down by 32.4% month-over-month. Of the 23 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.

Days on Market for 27546, NC

How long does it take to sell a home in 27546, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
80 Days111 Days+38.5%

Summary: Homes in 27546 had an average of 111 days on market in Nov 2024, up by 38.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 27546 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 23 homes were sold in 27546; 13% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 70% 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 21 Days Ago

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