$5,224 Closing Credit*
$439,900
2,268 SqFt
3 Beds
•2 Full Baths
Amy Winstead, 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 November 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
$297,950
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,250(+1.8%)
Key Takeaway
Homes in 27882 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 27882 was $297,950 in November 2024, up 1.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $192.5K | N/A |
| 2 Bedrooms | $98K | $189.9K | +93.8% |
| 3 Bedrooms | $281.5K | $295K | +4.8% |
| 4 Bedrooms | $297.3K | $309.4K | +4.1% |
| 5+ Bedrooms | $320.4K | $296.9K | -7.3% |
Summary: 27882 housing prices by bedroom type for November 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 4.8%, 4 bedroom homes increased by 4.1%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 56 | +7.7% |
Summary: The 27882 real estate market had 56 homes for sale in November 2024, a 7.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 38 | 41 | +7.9% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 27882 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27882, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 27882 in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 124 Days | 99 Days | -19.8% |
Summary: Homes in 27882 had an average of 99 days on market in Nov 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 27882 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in 27882; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.