$8,313 Closing Credit*
$700,000
4,400 SqFt
4 Beds
•3 Full Baths, 1 Partial
Heidi Grable, Listing Office: Berkshire Hathaway HomeService
Is 27583, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27583 was a Buyer's Market.
Key Takeaway
27583 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27583, NC
How much do homes in 27583, NC cost?
Median Sold Price
$399,500
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+6.5%)
Key Takeaway
Homes in 27583 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 27583 was $399,500 in October 2024, up 6.5% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149K | $282.5K | +89.6% |
| 3 Bedrooms | $375K | $399K | +6.4% |
| 4 Bedrooms | $409K | $471K | +15.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 27583 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 89.6%, 3 bedroom homes increased by 6.4%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The 27583 real estate market had 15 homes for sale in October 2024, a 11.8% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27583 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 decreased by 100%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were 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 3 homes were sold or pending in 27583 in October 2024, down by 50.0% month-over-month. Of the 3 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 37 Days | -21.3% |
Summary: Homes in 27583 had an average of 37 days on market in Oct 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27583 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 27583; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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