$3,264 Closing Credit*
$274,900
1,362 SqFt
3 Beds
•2 Full Baths
#100475828, Listing Office: FATHOM REALTY NC LLC
Is 27882, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27882 was a Seller's Market.
Key Takeaway
27882 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27882, NC
How much do homes in 27882, NC cost?
Median Sold Price
$294,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,750(-0.9%)
Key Takeaway
Homes in 27882 have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in 27882 was $294,000 in October 2024, down 0.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $192.5K | N/A |
| 2 Bedrooms | $98K | $189.9K | +93.8% |
| 3 Bedrooms | $280.2K | $291.5K | +4.0% |
| 4 Bedrooms | $299.2K | $304.4K | +1.8% |
| 5+ Bedrooms | $320.4K | $296.9K | -7.3% |
Summary: 27882 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 93.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 7.3%.
Housing Supply in 27882, NC
How many homes are available in 27882, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 51 | +10.9% |
Summary: The 27882 real estate market had 51 homes for sale in October 2024, a 10.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 33 | 38 | +15.2% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27882 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 increased by 15.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27882, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 27882 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 27882, NC
How long does it take to sell a home in 27882, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 25 Days | -59.3% |
Summary: Homes in 27882 had an average of 25 days on market in Oct 2024, down by 59.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27882 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 27882; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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