$9,797 Closing Credit*
$825,000
3,165 SqFt
4 Beds
•3 Full Baths
Ashley Brook Roberts, Listing Office: Coldwell Banker Advantage
Is 27596, 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, 27596 has remained a Seller's Market.
Key Takeaway
27596 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27596, NC
How much do homes in 27596, NC cost?
Median Sold Price
$439,900
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,978(+4.8%)
Key Takeaway
Homes in 27596 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 27596 was $439,900 in October 2024, up 4.8% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $440K | $255K | -42.0% |
| 3 Bedrooms | $382.3K | $396.5K | +3.7% |
| 4 Bedrooms | $466.5K | $523.5K | +12.2% |
| 5+ Bedrooms | $492.5K | $500K | +1.5% |
Summary: 27596 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 decreased by 42%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in 27596, NC
How many homes are available in 27596, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 153 | 150 | -2.0% |
Summary: The 27596 real estate market had 150 homes for sale in October 2024, a 2.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 72 | 69 | -4.2% |
| 4 Bedrooms | 66 | 63 | -4.5% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 27596 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 remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27596, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 27596 in October 2024, up by 24.0% month-over-month. Of the 31 sold homes, 52% were sold under asking, 39% were sold at asking, and 10% were sold over asking.
Days on Market for 27596, NC
How long does it take to sell a home in 27596, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 82 Days | +7.7% |
Summary: Homes in 27596 had an average of 82 days on market in Oct 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27596 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in 27596; 52% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 26% 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.