$10,000 Closing Credit*
$1,250,000
3,525 SqFt
3 Beds
•3 Full Baths, 1 Partial
Tammy McGee, Listing Office: Premier Home Realty, LLC
Is 27562, 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, 27562 has remained a Seller's Market.
Key Takeaway
27562 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27562, NC
How much do homes in 27562, NC cost?
Median Sold Price
$690,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,000(+4.7%)
Key Takeaway
Homes in 27562 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 27562 was $690,000 in October 2024, up 4.7% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $505K | $487.5K | -3.5% |
| 3 Bedrooms | $556.3K | $550K | -1.1% |
| 4 Bedrooms | $620K | $630K | +1.6% |
| 5+ Bedrooms | $791K | $800K | +1.1% |
Summary: 27562 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 decreased by 3.5%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 27562, NC
How many homes are available in 27562, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 29 | +31.8% |
Summary: The 27562 real estate market had 29 homes for sale in October 2024, a 31.8% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The 27562 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 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27562, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 27562 in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 27562, NC
How long does it take to sell a home in 27562, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 46 Days | -43.9% |
Summary: Homes in 27562 had an average of 46 days on market in Oct 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27562 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 27562; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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