$3,954 Closing Credit*
$333,000
1,290 SqFt
2 Beds
•2 Full Baths, 1 Partial
Jennifer Quintero, Listing Office: DASH Carolina
Is 27604, 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, 27604 has remained a Seller's Market.
Key Takeaway
27604 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27604, NC
How much do homes in 27604, NC cost?
Median Sold Price
$363,900
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,400(+0.9%)
Key Takeaway
Homes in 27604 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 27604 was $363,900 in October 2024, up 0.9% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $235K | +67.9% |
| 2 Bedrooms | $265K | $275K | +3.8% |
| 3 Bedrooms | $345K | $352.5K | +2.2% |
| 4 Bedrooms | $414.5K | $455K | +9.8% |
| 5+ Bedrooms | $447.4K | $455.5K | +1.8% |
Summary: 27604 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 27604, NC
How many homes are available in 27604, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 195 | 191 | -2.1% |
Summary: The 27604 real estate market had 191 homes for sale in October 2024, a 2.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 43 | 38 | -11.6% |
| 3 Bedrooms | 103 | 106 | +2.9% |
| 4 Bedrooms | 31 | 33 | +6.5% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 27604 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 46 | -4.2% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27604, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 27604 in October 2024, down by 4.2% month-over-month. Of the 46 sold homes, 52% were sold under asking, 17% were sold at asking, and 30% were sold over asking.
Days on Market for 27604, NC
How long does it take to sell a home in 27604, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 32 Days | -42.5% |
Summary: Homes in 27604 had an average of 32 days on market in Oct 2024, down by 42.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27604 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 46 homes were sold in 27604; 59% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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