Is 27713, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27713 is a seller's market

Buyer's
Market

Difference Since October 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

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,031(+4.8%)

Key Takeaway

Homes in 27713 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 27713 was $440,000 in October 2024, up 4.8% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $166K$179K
+7.8%
2 $298K$308.5K
+3.5%
3 $399.9K$415.1K
+3.8%
4 $527.4K$550K
+4.3%
5+ $755K$770K
+2.0%

Summary: 27713 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Zip Codes

27707
+11.4%
27713
+4.8%
27517
0.0%

Housing Supply in 27713, NC

How many homes are available in 27713, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
224208-7.1%

Summary: The 27713 real estate market had 208 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1920
+5.3%
3 130113
-13.1%
4 5355
+3.8%
5+ 2118
-14.3%

Summary: The 27713 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6745-32.8%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27713, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in 27713 in October 2024, down by 32.8% month-over-month. Of the 45 sold homes, 51% were sold under asking, 18% were sold at asking, and 31% 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

Oct 2023Oct 2024CHANGE
54 Days30 Days-44.2%

Summary: Homes in 27713 had an average of 30 days on market in Oct 2024, down by 44.2% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27713 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 45 homes were sold in 27713; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 27713, NC

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