$8,016 Closing Credit*
$675,000
2,557 SqFt
3 Beds
•2 Full Baths, 1 Partial
Brent Henson, Listing Office: Compass -- Raleigh
Is 27713, 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, 27713 has remained a Seller's Market.
Key Takeaway
27713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27713, NC
How much do homes in 27713, NC cost?
Median Sold Price
$440,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$18,004(+4.3%)
Key Takeaway
Homes in 27713 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 27713 was $440,000 in December 2024, up 4.3% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $182K | +4.0% |
| 2 Bedrooms | $300K | $308.5K | +2.8% |
| 3 Bedrooms | $400K | $417.5K | +4.4% |
| 4 Bedrooms | $525K | $560K | +6.7% |
| 5+ Bedrooms | $752.5K | $760K | +1.0% |
Summary: 27713 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 1%.
Housing Supply in 27713, NC
How many homes are available in 27713, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 196 | 162 | -17.3% |
Summary: The 27713 real estate market had 162 homes for sale in December 2024, a 17.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 22 | 26 | +18.2% |
| 3 Bedrooms | 106 | 81 | -23.6% |
| 4 Bedrooms | 51 | 42 | -17.6% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The 27713 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 23.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 47 | 50 | +6.4% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27713, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in 27713 in December 2024, up by 6.4% month-over-month. Of the 50 sold homes, 48% were sold under asking, 32% were sold at asking, and 20% were sold over asking.
Days on Market for 27713, NC
How long does it take to sell a home in 27713, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 73 Days | 44 Days | -39.4% |
Summary: Homes in 27713 had an average of 44 days on market in Dec 2024, down by 39.4% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27713 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 50 homes were sold in 27713; 58% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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