Is 27581, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27581 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27581 has remained a Seller's Market.

Key Takeaway

27581 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27581, NC

How much do homes in 27581, NC cost?

Median Sold Price

$340,000

$204/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$10,000(-2.9%)

Key Takeaway

Homes in 27581 have sold for 2.9% less than they did a month ago.

Summary: The median home sold price in 27581 was $340,000 in October 2024, down 2.9% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$340K
-2.9%
4 --
N/A
5+ --
N/A

Summary: 27581 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27581, NC

How many homes are available in 27581, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79+28.6%

Summary: The 27581 real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 01
+100.0%
5+ 01
+100.0%

Summary: The 27581 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27581, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 27581 in October 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 27581, NC

How long does it take to sell a home in 27581, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
5 Days37 Days+653.3%

Summary: Homes in 27581 had an average of 37 days on market in Oct 2024, up by 653.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27581 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 27581; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 27581, NC

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