$6,888 Closing Credit*
$580,000
2,989 SqFt
5 Beds
•4 Full Baths, 1 Partial
Neq Sauceda Escobar, Listing Office: Costello Real Estate & Investm
Is 27576, 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, 27576 has remained a Seller's Market.
Key Takeaway
27576 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27576, NC
How much do homes in 27576, NC cost?
Median Sold Price
$299,900
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-6.3%)
Key Takeaway
Homes in 27576 have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in 27576 was $299,900 in October 2024, down 6.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185K | $187.5K | +1.4% |
| 3 Bedrooms | $309.9K | $290K | -6.4% |
| 4 Bedrooms | $410K | $429.9K | +4.9% |
| 5+ Bedrooms | $444.7K | $450K | +1.2% |
Summary: 27576 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 1.4%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in 27576, NC
How many homes are available in 27576, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 92 | +10.8% |
Summary: The 27576 real estate market had 92 homes for sale in October 2024, a 10.8% 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 57 | 63 | +10.5% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 27576 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 66.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 25 | +127.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27576, you may be able to get a good deal. 44% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 27576 in October 2024, up by 127.3% month-over-month. Of the 25 sold homes, 44% were sold under asking, 32% were sold at asking, and 24% were sold over asking.
Days on Market for 27576, NC
How long does it take to sell a home in 27576, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 97 Days | 60 Days | -37.9% |
Summary: Homes in 27576 had an average of 60 days on market in Oct 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27576 has remained consistent over time.
Summary: During October 2024, 25 homes were sold in 27576; 40% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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