$210,000
4.54 Acres
Land
#100477437, Listing Office: Real Broker LLC
Is 27851, 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, 27851 was a Seller's Market.
Key Takeaway
27851 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27851, NC
How much do homes in 27851, NC cost?
Median Sold Price
$219,450
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$750(+0.3%)
Key Takeaway
The sold price of homes in 27851 has remained the same since last year.
Summary: The median home sold price in 27851 was $219,450 in November 2024, up 0.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $150K | +66.7% |
| 2 Bedrooms | $97.6K | $159K | +62.9% |
| 3 Bedrooms | $234.9K | $259.9K | +10.6% |
| 4 Bedrooms | $240K | $247.4K | +3.1% |
| 5+ Bedrooms | - | $200K | N/A |
Summary: 27851 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 62.9%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes did not change.
Housing Supply in 27851, NC
How many homes are available in 27851, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The 27851 real estate market had 16 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27851 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 increased by 100%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27851, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 27851 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27851, NC
How long does it take to sell a home in 27851, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 109 Days | 12 Days | -89.0% |
Summary: Homes in 27851 had an average of 12 days on market in Nov 2024, down by 89% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27851 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 27851; 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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