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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27546 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 27546 was a Buyer's Market.

Key Takeaway

27546 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 27546, NC

How much do homes in 27546, NC cost?

Median Sold Price

$354,850

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,106(+7.9%)

Key Takeaway

Homes in 27546 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 27546 was $354,850 in October 2024, up 7.9% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $99.5K$70K
-29.6%
2 $177.5K$206.7K
+16.5%
3 $286.5K$315K
+9.9%
4 $380.4K$382.5K
0.5%
5+ $454.9K$467.9K
+2.9%

Summary: 27546 housing prices by bedroom type for October 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 9.9%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

27505
+9.8%
27546
+7.9%
27521
+5.3%
28339
+4.0%
28323
-1.0%

Housing Supply in 27546, NC

How many homes are available in 27546, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
199191-4.0%

Summary: The 27546 real estate market had 191 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 9091
+1.1%
4 9787
-10.3%
5+ 1011
+10.0%

Summary: The 27546 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 remained the same, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2731+14.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

4 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. 45.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 27546 in October 2024, up by 14.8% month-over-month. Of the 31 sold homes, 45% were sold under asking, 42% were sold at asking, and 13% 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

Oct 2023Oct 2024CHANGE
72 Days76 Days+6.4%

Summary: Homes in 27546 had an average of 76 days on market in Oct 2024, up by 6.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27546 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 31 homes were sold in 27546; 39% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 35% 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 13 Days Ago

Newest Listings in 27546, NC

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