$2,363 Closing Credit*
$199,000
1,913 SqFt
4 Beds
•2 Full Baths
Carolyn Nelson, Listing Office: Let's Move Realty
Is 27574, 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, 27574 was a Seller's Market.
Key Takeaway
27574 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27574, NC
How much do homes in 27574, NC cost?
Median Sold Price
$300,748
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,748(+5.5%)
Key Takeaway
Homes in 27574 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 27574 was $300,748 in October 2024, up 5.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $160K | -6.4% |
| 2 Bedrooms | $160.9K | $201K | +24.9% |
| 3 Bedrooms | $293K | $310.9K | +6.1% |
| 4 Bedrooms | $387.5K | $322.9K | -16.7% |
| 5+ Bedrooms | $760K | - | N/A |
Summary: 27574 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.
Housing Supply in 27574, NC
How many homes are available in 27574, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 37 | -15.9% |
Summary: The 27574 real estate market had 37 homes for sale in October 2024, a 15.9% decrease 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 | 3 | -57.1% |
| 3 Bedrooms | 29 | 27 | -6.9% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 27574 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 decreased by 57.1%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27574, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 27574 in October 2024, down by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 27574, NC
How long does it take to sell a home in 27574, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 81 Days | +55.2% |
Summary: Homes in 27574 had an average of 81 days on market in Oct 2024, up by 55.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27574 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 27574; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.