$7,066 Closing Credit*
$595,000
1 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jairus Walker, Listing Office: Walker Realty Group LLC
Is 27712, 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, 27712 has remained a Seller's Market.
Key Takeaway
27712 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27712, NC
How much do homes in 27712, NC cost?
Median Sold Price
$438,187
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,187(+3.1%)
Key Takeaway
Homes in 27712 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 27712 was $438,187 in November 2024, up 3.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $315K | -10.0% |
| 3 Bedrooms | $378K | $411.5K | +8.9% |
| 4 Bedrooms | $500K | $530K | +6.0% |
| 5+ Bedrooms | $554.4K | $586K | +5.7% |
Summary: 27712 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 10%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 5.7%.
Housing Supply in 27712, NC
How many homes are available in 27712, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 78 | -13.3% |
Summary: The 27712 real estate market had 78 homes for sale in November 2024, a 13.3% 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 48 | 41 | -14.6% |
| 4 Bedrooms | 35 | 32 | -8.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 27712 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 decreased by 100%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27712, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 27712 in November 2024, up by 22.7% month-over-month. Of the 27 sold homes, 44% were sold under asking, 15% were sold at asking, and 41% were sold over asking.
Days on Market for 27712, NC
How long does it take to sell a home in 27712, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 26 Days | -31.0% |
Summary: Homes in 27712 had an average of 26 days on market in Nov 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27712 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in 27712; 67% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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