$5,344 Closing Credit*
$450,000
1,977 SqFt
3 Beds
•2 Full Baths, 1 Partial
Cynthia Quarantello, Karsten Kohlrausch, Listing Office: Real Broker LLC
Is 27560, 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, 27560 has remained a Seller's Market.
Key Takeaway
27560 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27560, NC
How much do homes in 27560, NC cost?
Median Sold Price
$499,999
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,250(-0.2%)
Key Takeaway
The sold price of homes in 27560 has remained the same since last year.
Summary: The median home sold price in 27560 was $499,999 in November 2024, down 0.2% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $297.5K | $360K | +21.0% |
| 3 Bedrooms | $433K | $450K | +3.9% |
| 4 Bedrooms | $646K | $653.1K | +1.1% |
| 5+ Bedrooms | $815K | $829K | +1.7% |
Summary: 27560 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 21%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 27560, NC
How many homes are available in 27560, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 83 | -12.6% |
Summary: The 27560 real estate market had 83 homes for sale in November 2024, a 12.6% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 42 | 38 | -9.5% |
| 4 Bedrooms | 39 | 32 | -17.9% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 27560 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 9.5%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 18 | -43.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27560, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 27560 in November 2024, down by 43.8% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for 27560, NC
How long does it take to sell a home in 27560, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 35 Days | -33.9% |
Summary: Homes in 27560 had an average of 35 days on market in Nov 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27560 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 27560; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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