$3,907 Closing Credit*
$329,000
2,350 SqFt
3 Beds
•2 Full Baths
#100480802, Listing Office: Boswell & Company, Inc.
Is 27858, 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, 27858 has remained a Seller's Market.
Key Takeaway
27858 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27858, NC
How much do homes in 27858, NC cost?
Median Sold Price
$290,093
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,968(+1.7%)
Key Takeaway
Homes in 27858 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 27858 was $290,093 in November 2024, up 1.7% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | $120K | -1.6% |
| 2 Bedrooms | $165.5K | $174.5K | +5.4% |
| 3 Bedrooms | $270K | $283K | +4.8% |
| 4 Bedrooms | $385K | $396.7K | +3.1% |
| 5+ Bedrooms | $445K | $408K | -8.3% |
Summary: 27858 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 8.3%.
Housing Supply in 27858, NC
How many homes are available in 27858, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 179 | 159 | -11.2% |
Summary: The 27858 real estate market had 159 homes for sale in November 2024, a 11.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 23 | 21 | -8.7% |
| 3 Bedrooms | 101 | 97 | -4.0% |
| 4 Bedrooms | 40 | 30 | -25.0% |
| 5+ Bedrooms | 13 | 9 | -30.8% |
Summary: The 27858 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 8.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 42 | -23.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27858, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 27858 in November 2024, down by 23.6% month-over-month. Of the 42 sold homes, 60% were sold under asking, 29% were sold at asking, and 12% were sold over asking.
Days on Market for 27858, NC
How long does it take to sell a home in 27858, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 61 Days | +62.0% |
Summary: Homes in 27858 had an average of 61 days on market in Nov 2024, up by 62% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27858 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 42 homes were sold in 27858; 40% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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