Is 27830, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27830 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 27830 has remained a Buyer's Market.

Key Takeaway

27830 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27830, NC

How much do homes in 27830, NC cost?

Median Sold Price

$265,900

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,900(+15.6%)

Key Takeaway

Homes in 27830 have sold for 15.6% more than they did a year ago.

Summary: The median home sold price in 27830 was $265,900 in November 2024, up 15.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$50K
N/A
2 $155K$110K
-29.0%
3 $239K$265.4K
+11.0%
4 $205.5K$299.9K
+45.9%
5+ $295K$760K
+157.6%

Summary: 27830 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 29%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 45.9%, and 5+ bedroom homes increased by 157.6%.

Median Sold Price Compared To Nearby Zip Codes

27830
+15.6%
27893
+14.8%
27863
+0.7%
27851
0.3%
27883
-1.1%

Housing Supply in 27830, NC

How many homes are available in 27830, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3231-3.1%

Summary: The 27830 real estate market had 31 homes for sale in November 2024, a 3.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 2727
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 27830 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27830, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 27830 in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 27830, NC

How long does it take to sell a home in 27830, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days20 Days-62.0%

Summary: Homes in 27830 had an average of 20 days on market in Nov 2024, down by 62% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27830 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 27830; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 27830, NC

Nearby Markets to 27830, NC