$10,000 Closing Credit*
$1,450,000
5,286 SqFt
4 Beds
•4 Full Baths, 1 Partial
Gardner Reynolds, Frank Gombatz, Listing Office: Fonville Morisey/Brier Creek S
Is 27613, 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, 27613 has remained a Seller's Market.
Key Takeaway
27613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27613, NC
How much do homes in 27613, NC cost?
Median Sold Price
$590,500
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$66,196(+12.6%)
Key Takeaway
Homes in 27613 have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in 27613 was $590,500 in October 2024, up 12.6% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | - | N/A |
| 2 Bedrooms | $310K | $311.5K | 0.5% |
| 3 Bedrooms | $447.5K | $447K | -0.1% |
| 4 Bedrooms | $684.9K | $750K | +9.5% |
| 5+ Bedrooms | $999.9K | $890K | -11.0% |
Summary: 27613 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 0.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 11%.
Housing Supply in 27613, NC
How many homes are available in 27613, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 147 | 176 | +19.7% |
Summary: The 27613 real estate market had 176 homes for sale in October 2024, a 19.7% increase 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 | 11 | 18 | +63.6% |
| 3 Bedrooms | 43 | 62 | +44.2% |
| 4 Bedrooms | 61 | 66 | +8.2% |
| 5+ Bedrooms | 32 | 30 | -6.3% |
Summary: The 27613 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 increased by 63.6%, 3 bedroom homes increased by 44.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 42 | +61.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27613, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 27613 in October 2024, up by 61.5% month-over-month. Of the 42 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for 27613, NC
How long does it take to sell a home in 27613, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 22 Days | -51.0% |
Summary: Homes in 27613 had an average of 22 days on market in Oct 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27613 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in 27613; 76% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
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