$8,016 Closing Credit*
$675,000
2,546 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sanju Raya Rayamajhi, Listing Office: Dream Home Realty
Is 27560, 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, 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 October 2023
-$2,501(-0.5%)
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 October 2024, down 0.5% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $310K | $360K | +16.1% |
| 3 Bedrooms | $434K | $450K | +3.7% |
| 4 Bedrooms | $635K | $650K | +2.4% |
| 5+ Bedrooms | $815K | $829K | +1.7% |
Summary: 27560 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 16.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2.4%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 98 | +10.1% |
Summary: The 27560 real estate market had 98 homes for sale in October 2024, a 10.1% increase 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 43 | 43 | 0.0% |
| 4 Bedrooms | 33 | 40 | +21.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 27560 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 increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 31 | +138.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27560, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 27560 in October 2024, up by 138.5% month-over-month. Of the 31 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 30 Days | -33.3% |
Summary: Homes in 27560 had an average of 30 days on market in Oct 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27560 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in 27560; 65% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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