$3,384 Closing Credit*
$285,000
2,200 SqFt
4 Beds
•2 Full Baths, 1 Partial
#100477002, Listing Office: EXP Realty LLC - C
Is 27863, 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, 27863 has remained a Seller's Market.
Key Takeaway
27863 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27863, NC
How much do homes in 27863, NC cost?
Median Sold Price
$294,990
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,995(+1.0%)
Key Takeaway
Homes in 27863 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 27863 was $294,990 in October 2024, up 1% 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 | $126K | - | N/A |
| 2 Bedrooms | $206K | $163.5K | -20.6% |
| 3 Bedrooms | $280K | $280K | 0.0% |
| 4 Bedrooms | $323.5K | $324.9K | 0.5% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: 27863 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.5%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 82 | +13.9% |
Summary: The 27863 real estate market had 82 homes for sale in October 2024, a 13.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 56 | 65 | +16.1% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27863 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 22 | +120.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27863, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 27863 in October 2024, up by 120.0% month-over-month. Of the 22 sold homes, 45% were sold under asking, 32% were sold at asking, and 23% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 46 Days | +29.2% |
Summary: Homes in 27863 had an average of 46 days on market in Oct 2024, up by 29.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27863 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 27863; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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