$7,700 Closing Credit*
$648,460
2,797 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jason S Hakooz, Listing Office: Eastwood Construction LLC
Is 27596, 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, 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
$444,160
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,384(+6.1%)
Key Takeaway
Homes in 27596 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 27596 was $444,160 in November 2024, up 6.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $315K | $252.5K | -19.8% |
| 3 Bedrooms | $385K | $390.5K | +1.4% |
| 4 Bedrooms | $457K | $527K | +15.3% |
| 5+ Bedrooms | $492.5K | $500K | +1.5% |
Summary: 27596 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 decreased by 19.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 15.3%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 150 | 135 | -10.0% |
Summary: The 27596 real estate market had 135 homes for sale in November 2024, a 10.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 69 | 61 | -11.6% |
| 4 Bedrooms | 63 | 60 | -4.8% |
| 5+ Bedrooms | 15 | 11 | -26.7% |
Summary: The 27596 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 11.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 26.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27596, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 27596 in November 2024, down by 25.0% month-over-month. Of the 24 sold homes, 63% were sold under asking, 29% were sold at asking, and 8% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 48 Days | -40.0% |
Summary: Homes in 27596 had an average of 48 days on market in Nov 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 24 homes were sold in 27596; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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