$8,193 Closing Credit*
$689,900
2,900 SqFt
4 Beds
•4 Full Baths
Wayne J Beeker, Listing Office: Assist 2 Sell
Is 27592, 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, 27592 has remained a Seller's Market.
Key Takeaway
27592 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27592, NC
How much do homes in 27592, NC cost?
Median Sold Price
$428,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,238(+1.7%)
Key Takeaway
Homes in 27592 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 27592 was $428,000 in November 2024, up 1.7% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $367.5K | +75.0% |
| 3 Bedrooms | $362.5K | $385K | +6.2% |
| 4 Bedrooms | $497K | $550K | +10.7% |
| 5+ Bedrooms | $626K | $650K | +3.8% |
Summary: 27592 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 75%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in 27592, NC
How many homes are available in 27592, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 74 | -17.8% |
Summary: The 27592 real estate market had 74 homes for sale in November 2024, a 17.8% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 58 | 47 | -19.0% |
| 4 Bedrooms | 26 | 21 | -19.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 27592 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 19%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27592, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 27592 in November 2024, the same as the previous month. Of the 18 sold homes, 56% were sold under asking, 28% were sold at asking, and 17% were sold over asking.
Days on Market for 27592, NC
How long does it take to sell a home in 27592, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 91 Days | 78 Days | -14.0% |
Summary: Homes in 27592 had an average of 78 days on market in Nov 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27592 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 27592; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
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