$4,868 Closing Credit*
$409,900
1,690 SqFt
2 Beds
•2 Full Baths
Shawn M White, Listing Office: Hometowne Realty Garner
Is 27576, 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, 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
$309,933
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,700(-2.1%)
Key Takeaway
Homes in 27576 have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in 27576 was $309,933 in November 2024, down 2.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $182.5K | -3.9% |
| 3 Bedrooms | $309.9K | $299.9K | -3.2% |
| 4 Bedrooms | $400K | $456.3K | +14.1% |
| 5+ Bedrooms | $444.7K | $450K | +1.2% |
Summary: 27576 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 decreased by 3.9%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 14.1%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 78 | -13.3% |
Summary: The 27576 real estate market had 78 homes for sale in November 2024, a 13.3% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 64 | 62 | -3.1% |
| 4 Bedrooms | 18 | 8 | -55.6% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 27576 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 increased by 20%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 18 | -28.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27576, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 27576 in November 2024, down by 28.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 31 Days | -65.8% |
Summary: Homes in 27576 had an average of 31 days on market in Nov 2024, down by 65.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27576 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 27576; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% 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. 
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.