$4,749 Closing Credit*
$399,900
1,877 SqFt
3 Beds
•2 Full Baths
Kendall Cobb, Listing Office: Four Seasons Sales
Is 27804, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27804 was a Seller's Market.
Key Takeaway
27804 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27804, NC
How much do homes in 27804, NC cost?
Median Sold Price
$235,400
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,400(+2.3%)
Key Takeaway
Homes in 27804 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 27804 was $235,400 in October 2024, up 2.3% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.5K | $36.9K | -55.3% |
| 2 Bedrooms | $140K | $150K | +7.1% |
| 3 Bedrooms | $211.9K | $226.5K | +6.9% |
| 4 Bedrooms | $294.5K | $312.5K | +6.1% |
| 5+ Bedrooms | $299.9K | $340K | +13.3% |
Summary: 27804 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 13.3%.
Housing Supply in 27804, NC
How many homes are available in 27804, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 125 | +20.2% |
Summary: The 27804 real estate market had 125 homes for sale in October 2024, a 20.2% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 60 | 80 | +33.3% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 27804 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 16 | +60.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27804, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 27804 in October 2024, up by 60.0% month-over-month. Of the 16 sold homes, 69% were sold under asking, 6% were sold at asking, and 25% were sold over asking.
Days on Market for 27804, NC
How long does it take to sell a home in 27804, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 59 Days | -23.2% |
Summary: Homes in 27804 had an average of 59 days on market in Oct 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27804 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in 27804; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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