$2,316 Closing Credit*
$195,000
1,591 SqFt
3 Beds
•2 Full Baths
Andrea Short, Listing Office: Rochelle Moon Realty
Is 27589, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 27589 was a Seller's Market.
Key Takeaway
27589 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27589, NC
How much do homes in 27589, NC cost?
Median Sold Price
$100,450
$144/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$99,550(-49.8%)
Key Takeaway
Homes in 27589 have sold for 49.8% less than they did a month ago.
Summary: The median home sold price in 27589 was $100,450 in October 2024, down 49.8% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $100.4K | N/A |
| 3 Bedrooms | $130K | - | N/A |
| 4 Bedrooms | $518.5K | - | N/A |
| 5+ Bedrooms | $200K | - | N/A |
Summary: 27589 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 27589, NC
How many homes are available in 27589, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 27589 real estate market had 15 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 27589 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 increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27589, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 27589 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 27589, NC
How long does it take to sell a home in 27589, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 16 Days | -60.0% |
Summary: Homes in 27589 had an average of 16 days on market in Oct 2024, down by 60% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27589 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 27589; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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