$3,376 Closing Credit*
$284,263
1,383 SqFt
3 Beds
•2 Full Baths
Jeanna Chain, Dwayne Dixon, Listing Office: Chanticleer Properties LLC, Glenwood Homes
Is 27880, 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, 27880 was a Seller's Market.
Key Takeaway
27880 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27880, NC
How much do homes in 27880, NC cost?
Median Sold Price
$321,049
$179/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$180,951(-36.0%)
Key Takeaway
Homes in 27880 have sold for 36% less than they did a month ago.
Summary: The median home sold price in 27880 was $321,049 in November 2024, down 36% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $277K | N/A |
| 3 Bedrooms | $539K | $365K | -32.3% |
| 4 Bedrooms | $380K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 27880 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 did not change, 3 bedroom homes decreased by 32.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 27880, NC
How many homes are available in 27880, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The 27880 real estate market had 15 homes for sale in November 2024, a 21.1% 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 | 2 | 0.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27880 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 decreased by 23.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27880, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 27880 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 27880, NC
How long does it take to sell a home in 27880, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 74 Days | +155.4% |
Summary: Homes in 27880 had an average of 74 days on market in Nov 2024, up by 155.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27880 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 27880; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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