$3,325 Closing Credit*
$279,999
2,038 SqFt
3 Beds
•2 Full Baths
Genesis A Alvarez, Listing Office: A PREMIER NC REALTY LLC
Is 27577, 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, 27577 has remained a Seller's Market.
Key Takeaway
27577 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27577, NC
How much do homes in 27577, NC cost?
Median Sold Price
$318,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,016(+4.3%)
Key Takeaway
Homes in 27577 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 27577 was $318,000 in November 2024, up 4.3% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.5K | $165K | -8.1% |
| 3 Bedrooms | $296.9K | $305.4K | +2.9% |
| 4 Bedrooms | $379.9K | $381.1K | 0.3% |
| 5+ Bedrooms | $431K | $450.5K | +4.5% |
Summary: 27577 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 8.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in 27577, NC
How many homes are available in 27577, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 122 | +8.0% |
Summary: The 27577 real estate market had 122 homes for sale in November 2024, a 8.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 10 | +150.0% |
| 3 Bedrooms | 80 | 84 | +5.0% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27577 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27577, expect to pay close to the asking price. 45.8% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in 27577 in November 2024, up by 33.3% month-over-month. Of the 24 sold homes, 21% were sold under asking, 46% were sold at asking, and 33% were sold over asking.
Days on Market for 27577, NC
How long does it take to sell a home in 27577, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 97 Days | +8.7% |
Summary: Homes in 27577 had an average of 97 days on market in Nov 2024, up by 8.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27577 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 27577; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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