$1,651 Closing Credit*
$139,000
1,175 SqFt
2 Beds
•1 Full Bath
#100472525, Listing Office: Keller Williams Realty Points East
Is 27874, 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, 27874 has remained a Seller's Market.
Key Takeaway
27874 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27874, NC
How much do homes in 27874, NC cost?
Median Sold Price
$165,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,000(+42.2%)
Key Takeaway
Homes in 27874 have sold for 42.2% more than they did a year ago.
Summary: The median home sold price in 27874 was $165,000 in October 2024, up 42.2% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $45K | $46.2K | +2.8% |
| 3 Bedrooms | $136.7K | $162K | +18.5% |
| 4 Bedrooms | $115K | $235K | +104.3% |
| 5+ Bedrooms | $365K | $196.2K | -46.2% |
Summary: 27874 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 increased by 2.8%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 104.3%, and 5+ bedroom homes decreased by 46.2%.
Housing Supply in 27874, NC
How many homes are available in 27874, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The 27874 real estate market had 15 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27874 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27874, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 27874 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27874, NC
How long does it take to sell a home in 27874, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 67 Days | +125.0% |
Summary: Homes in 27874 had an average of 67 days on market in Oct 2024, up by 125% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27874 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 27874; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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