$2,316 Closing Credit*
$195,000
1,474 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100477089, Listing Office: Keller Williams Realty Points East
Is 27858, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$290,053
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,273(+2.2%)
Key Takeaway
Homes in 27858 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 27858 was $290,053 in October 2024, up 2.2% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | $140.7K | +15.4% |
| 2 Bedrooms | $165K | $173.5K | +5.2% |
| 3 Bedrooms | $269.1K | $280K | +4.0% |
| 4 Bedrooms | $378K | $396.5K | +4.9% |
| 5+ Bedrooms | $445K | $402.5K | -9.6% |
Summary: 27858 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 9.6%.
Housing Supply in 27858, NC
How many homes are available in 27858, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 163 | 170 | +4.3% |
Summary: The 27858 real estate market had 170 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 19 | 22 | +15.8% |
| 3 Bedrooms | 87 | 99 | +13.8% |
| 4 Bedrooms | 43 | 35 | -18.6% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The 27858 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 54 | +50.0% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27858, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 27858 in October 2024, up by 50.0% month-over-month. Of the 54 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 37 Days | +14.7% |
Summary: Homes in 27858 had an average of 37 days on market in Oct 2024, up by 14.7% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 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 October 2024, 54 homes were sold in 27858; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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