$3,680 Closing Credit*
$309,900
1,870 SqFt
3 Beds
•2 Full Baths, 1 Partial
Beth Hines, Joel Hines, Listing Office: RE/MAX SOUTHLAND REALTY II
Is 27863, 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, 27863 was a Seller's Market.
Key Takeaway
27863 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27863, NC
How much do homes in 27863, NC cost?
Median Sold Price
$295,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,100(+0.7%)
Key Takeaway
Homes in 27863 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 27863 was $295,000 in November 2024, up 0.7% 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 | - | - | N/A |
| 2 Bedrooms | $169.9K | $158K | -7.0% |
| 3 Bedrooms | $282.5K | $280K | -0.9% |
| 4 Bedrooms | $315K | $327.4K | +4.0% |
| 5+ Bedrooms | $365K | - | N/A |
Summary: 27863 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 decreased by 7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes did not change.
Housing Supply in 27863, NC
How many homes are available in 27863, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 68 | -18.1% |
Summary: The 27863 real estate market had 68 homes for sale in November 2024, a 18.1% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 67 | 53 | -20.9% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27863 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 50%, 3 bedroom homes decreased by 20.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 7 | -69.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27863, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 27863 in November 2024, down by 69.6% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 27863, NC
How long does it take to sell a home in 27863, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 87 Days | +197.4% |
Summary: Homes in 27863 had an average of 87 days on market in Nov 2024, up by 197.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27863 has remained consistent over time.
Summary: During November 2024, 7 homes were sold in 27863; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.