$5,813 Closing Credit*
$489,500
2,875 SqFt
4 Beds
•3 Full Baths
Kim L Longest, Listing Office: Coldwell Banker Advantage
Is 27592, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$427,950
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,696(+1.8%)
Key Takeaway
Homes in 27592 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 27592 was $427,950 in October 2024, up 1.8% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $400K | +90.5% |
| 3 Bedrooms | $365K | $381K | +4.4% |
| 4 Bedrooms | $497.4K | $550K | +10.6% |
| 5+ Bedrooms | $626K | $598.5K | -4.4% |
Summary: 27592 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 90.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 4.4%.
Housing Supply in 27592, NC
How many homes are available in 27592, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 91 | 0.0% |
Summary: The 27592 real estate market had 91 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 | 1 | -50.0% |
| 3 Bedrooms | 61 | 59 | -3.3% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 27592 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 50%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27592, expect to pay close to the asking price. 58.8% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in 27592 in October 2024, down by 10.5% month-over-month. Of the 17 sold homes, 41% were sold under asking, 59% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 70 Days | +25.7% |
Summary: Homes in 27592 had an average of 70 days on market in Oct 2024, up by 25.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 17 homes were sold in 27592; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.