$2,601 Closing Credit*
$218,990
1,424 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100480918, Listing Office: D.R. Horton, Inc.
Is 27834, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27834 has remained a Seller's Market.
Key Takeaway
27834 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27834, NC
How much do homes in 27834, NC cost?
Median Sold Price
$241,012
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,012(+4.8%)
Key Takeaway
Homes in 27834 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 27834 was $241,012 in November 2024, up 4.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86K | $100K | +16.3% |
| 2 Bedrooms | $130K | $148.7K | +14.4% |
| 3 Bedrooms | $230K | $240K | +4.3% |
| 4 Bedrooms | $374.5K | $325K | -13.2% |
| 5+ Bedrooms | $280K | $336K | +20.0% |
Summary: 27834 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 20%.
Housing Supply in 27834, NC
How many homes are available in 27834, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 190 | 184 | -3.2% |
Summary: The 27834 real estate market had 184 homes for sale in November 2024, a 3.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 33 | 32 | -3.0% |
| 3 Bedrooms | 122 | 119 | -2.5% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 27834 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 3%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 39 | -2.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27834, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 27834 in November 2024, down by 2.5% month-over-month. Of the 39 sold homes, 51% were sold under asking, 28% were sold at asking, and 21% were sold over asking.
Days on Market for 27834, NC
How long does it take to sell a home in 27834, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 54 Days | +249.7% |
Summary: Homes in 27834 had an average of 54 days on market in Nov 2024, up by 249.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27834 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in 27834; 59% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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