$4,204 Closing Credit*
$354,000
1,417 SqFt
2 Beds
•2 Full Baths, 1 Partial
Stacey Horowitz, Jillian Horowitz, Listing Office: Fonville Morisey/Stonehenge Sa
Is 27612, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 27612 has remained a Seller's Market.
Key Takeaway
27612 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27612, NC
How much do homes in 27612, NC cost?
Median Sold Price
$511,562
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$18,250(-3.4%)
Key Takeaway
Homes in 27612 have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in 27612 was $511,562 in December 2024, down 3.4% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $239K | +16.6% |
| 2 Bedrooms | $315K | $325K | +3.2% |
| 3 Bedrooms | $485.2K | $480K | -1.1% |
| 4 Bedrooms | $716.1K | $662.2K | -7.5% |
| 5+ Bedrooms | $1.0M | $1.0M | +4.9% |
Summary: 27612 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 27612, NC
How many homes are available in 27612, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 128 | 101 | -21.1% |
Summary: The 27612 real estate market had 101 homes for sale in December 2024, a 21.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 18 | -21.7% |
| 3 Bedrooms | 47 | 34 | -27.7% |
| 4 Bedrooms | 35 | 28 | -20.0% |
| 5+ Bedrooms | 23 | 21 | -8.7% |
Summary: The 27612 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.7%, 3 bedroom homes decreased by 27.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 8.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27612, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 27612 in December 2024, down by 12.9% month-over-month. Of the 27 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.
Days on Market for 27612, NC
How long does it take to sell a home in 27612, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 52 Days | 50 Days | -4.1% |
Summary: Homes in 27612 had an average of 50 days on market in Dec 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27612 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 27 homes were sold in 27612; 52% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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