Is 27553, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27553 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 27553 has remained a Buyer's Market.

Key Takeaway

27553 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27553, NC

How much do homes in 27553, NC cost?

Median Sold Price

$81,500

$75/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$138,400(-62.9%)

Key Takeaway

Homes in 27553 have sold for 62.9% less than they did a month ago.

Summary: The median home sold price in 27553 was $81,500 in November 2024, down 62.9% from last month, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $219.9K$81.5K
-62.9%
4 --
N/A
5+ --
N/A

Summary: 27553 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 62.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27553, NC

How many homes are available in 27553, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The 27553 real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 27553 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27553, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 27553 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 27553, NC

How long does it take to sell a home in 27553, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
11 Days2 Days-81.8%

Summary: Homes in 27553 had an average of 2 days on market in Nov 2024, down by 81.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27553 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 27553; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 27553, NC

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