$99,900
3.50 Acres
Land
#100480162, Listing Office: Experience Realty-Waterfront Professionals
Is 27806, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 27806 was a Seller's Market.
Key Takeaway
27806 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27806, NC
How much do homes in 27806, NC cost?
Median Sold Price
$152,450
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$176,550(-53.7%)
Key Takeaway
Homes in 27806 have sold for 53.7% less than they did a year ago.
Summary: The median home sold price in 27806 was $152,450 in November 2024, down 53.7% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $111.7K | -36.2% |
| 3 Bedrooms | $440K | $159.9K | -63.7% |
| 4 Bedrooms | $242.7K | $272.5K | +12.3% |
| 5+ Bedrooms | - | $70K | N/A |
Summary: 27806 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 36.2%, 3 bedroom homes decreased by 63.7%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes did not change.
Housing Supply in 27806, NC
How many homes are available in 27806, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The 27806 real estate market had 13 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27806 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 20%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27806, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 27806 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 27806, NC
How long does it take to sell a home in 27806, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 116 Days | 6 Days | -94.8% |
Summary: Homes in 27806 had an average of 6 days on market in Nov 2024, down by 94.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27806 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 27806; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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