$1,603 Closing Credit*
$135,000
1,000 SqFt
3 Beds
•2 Full Baths
#100480293, Listing Office: ROANOKE REALTY TEAM
Is 27871, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 27871 was a Neutral Market.
Key Takeaway
27871 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27871, NC
How much do homes in 27871, NC cost?
Median Sold Price
$25,000
$33/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$97,500(-79.6%)
Key Takeaway
Homes in 27871 have sold for 79.6% less than they did a month ago.
Summary: The median home sold price in 27871 was $25,000 in November 2024, down 79.6% from last month, and the median price per square foot was $33.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $25K | -78.3% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $130K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 27871 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 78.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27812 | $173.2K | $310K | +78.9% |
| 27871 | $122.5K | $25K | -79.6% |
Housing Supply in 27871, NC
How many homes are available in 27871, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The 27871 real estate market had 12 homes for sale in November 2024, a 9.1% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27871 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27871, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 27871 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 27871, NC
How long does it take to sell a home in 27871, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 11 Days | +4.8% |
Summary: Homes in 27871 had an average of 11 days on market in Nov 2024, up by 4.8% compared to last month.
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 27871 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 27871; 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.
