$119,900
10.10 Acres
Land
Anna Hester Martin, Listing Office: RE/MAX Premier Realty
Is 27572, 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, 27572 has remained a Seller's Market.
Key Takeaway
27572 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27572, NC
How much do homes in 27572, NC cost?
Median Sold Price
$372,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,500(+0.9%)
Key Takeaway
Homes in 27572 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 27572 was $372,000 in November 2024, up 0.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231K | $327.5K | +41.8% |
| 3 Bedrooms | $355K | $360.9K | +1.7% |
| 4 Bedrooms | $481K | $645K | +34.1% |
| 5+ Bedrooms | $522.5K | - | N/A |
Summary: 27572 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 41.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 34.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27583 | $375K | $399K | +6.4% |
| 27572 | $368.5K | $372K | +0.9% |
Housing Supply in 27572, NC
How many homes are available in 27572, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The 27572 real estate market had 21 homes for sale in November 2024, a 8.7% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 27572 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 7.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27572, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 27572 in November 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 27572, NC
How long does it take to sell a home in 27572, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 31 Days | -20.3% |
Summary: Homes in 27572 had an average of 31 days on market in Nov 2024, down by 20.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27572 has remained consistent over time.
Summary: During November 2024, 9 homes were sold in 27572; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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