$6,828 Closing Credit*
$575,000
3,308 SqFt
3 Beds
•3 Full Baths
Sebastian Boguslaw Klosowiak, Listing Office: Mark Spain Real Estate
Is 27571, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27571 was a Neutral Market.
Key Takeaway
27571 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27571, NC
How much do homes in 27571, NC cost?
Median Sold Price
$465,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$40,000(-7.9%)
Key Takeaway
Homes in 27571 have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in 27571 was $465,000 in October 2024, down 7.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $282K | $280K | -0.7% |
| 3 Bedrooms | $360K | $365.2K | +1.4% |
| 4 Bedrooms | $516.5K | $467.5K | -9.5% |
| 5+ Bedrooms | $595K | $575K | -3.4% |
Summary: 27571 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 0.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in 27571, NC
How many homes are available in 27571, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 34 | +54.5% |
Summary: The 27571 real estate market had 34 homes for sale in October 2024, a 54.5% 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 | 4 | 5 | +25.0% |
| 4 Bedrooms | 8 | 19 | +137.5% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 27571 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 25%, 4 bedroom homes increased by 137.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 9 | +350.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27571, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 27571 in October 2024, up by 350.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% were sold over asking.
Days on Market for 27571, NC
How long does it take to sell a home in 27571, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 39 Days | -30.0% |
Summary: Homes in 27571 had an average of 39 days on market in Oct 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27571 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 27571; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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