$90,000
0.95 Acres
Land
#100480956, Listing Office: The Overton Group
Is 27837, 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, 27837 has remained a Seller's Market.
Key Takeaway
27837 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27837, NC
How much do homes in 27837, NC cost?
Median Sold Price
$352,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$78,000(+28.5%)
Key Takeaway
Homes in 27837 have sold for 28.5% more than they did a year ago.
Summary: The median home sold price in 27837 was $352,000 in November 2024, up 28.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $157.4K | $192K | +21.9% |
| 3 Bedrooms | $263K | $298.9K | +13.7% |
| 4 Bedrooms | $539K | $539K | 0.0% |
| 5+ Bedrooms | $409.9K | - | N/A |
Summary: 27837 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 increased by 21.9%, 3 bedroom homes increased by 13.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 27837, NC
How many homes are available in 27837, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The 27837 real estate market had 32 homes for sale in November 2024, a 10.3% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27837 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 remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27837, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 27837 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 27837, NC
How long does it take to sell a home in 27837, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 86 Days | +1281.3% |
Summary: Homes in 27837 had an average of 86 days on market in Nov 2024, up by 1281.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27837 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 27837; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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