$4,036 Closing Credit*
$339,900
1,503 SqFt
3 Beds
•2 Full Baths
Eddie Burton, Laura Burton, Listing Office: Keller Williams Preferred Realty
Is 27583, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27583 was a Seller's Market.
Key Takeaway
27583 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27583, NC
How much do homes in 27583, NC cost?
Median Sold Price
$399,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,000(+6.4%)
Key Takeaway
Homes in 27583 have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in 27583 was $399,000 in November 2024, up 6.4% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $264.5K | $282.5K | +6.8% |
| 3 Bedrooms | $370K | $397K | +7.3% |
| 4 Bedrooms | $409K | $471K | +15.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 27583 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 increased by 6.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes did not change.
Housing Supply in 27583, NC
How many homes are available in 27583, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Summary: The 27583 real estate market had 9 homes for sale in November 2024, a 30.8% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 8 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27583 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27583, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 27583 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27583, NC
How long does it take to sell a home in 27583, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 49 Days | +36.7% |
Summary: Homes in 27583 had an average of 49 days on market in Nov 2024, up by 36.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27583 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 27583; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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