Is 27810, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27810 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 27810 was a Seller's Market.

Key Takeaway

27810 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27810, NC

How much do homes in 27810, NC cost?

Median Sold Price

$302,450

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,550(-2.4%)

Key Takeaway

Homes in 27810 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 27810 was $302,450 in October 2024, down 2.4% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$255K
N/A
2 $341.5K$309K
-9.5%
3 $240K$302.4K
+26.0%
4 $339K$397.5K
+17.3%
5+ $507K-
N/A

Summary: 27810 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 26%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27808
+5.8%
27810
-2.4%

Housing Supply in 27810, NC

How many homes are available in 27810, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
30300.0%

Summary: The 27810 real estate market had 30 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1918
-5.3%
4 22
0.0%
5+ 33
0.0%

Summary: The 27810 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 increased by 20%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27810, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 27810 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 27810, NC

How long does it take to sell a home in 27810, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days100 Days+135.8%

Summary: Homes in 27810 had an average of 100 days on market in Oct 2024, up by 135.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27810 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 27810; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in 27810, NC

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