$1,158 Closing Credit*
$97,500
1,155 SqFt
3 Beds
•1 Full Bath
#100480873, Listing Office: Sweetwater Real Estate Inc
Is 27892, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 27892 has remained a Buyer's Market.
Key Takeaway
27892 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27892, NC
How much do homes in 27892, NC cost?
Median Sold Price
$149,900
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,400(+1.6%)
Key Takeaway
Homes in 27892 have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in 27892 was $149,900 in November 2024, up 1.6% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115.2K | $128K | +11.1% |
| 3 Bedrooms | $173K | $151K | -12.7% |
| 4 Bedrooms | $175K | $172.5K | -1.4% |
| 5+ Bedrooms | $87K | $39.9K | -54.1% |
Summary: 27892 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 11.1%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 54.1%.
Housing Supply in 27892, NC
How many homes are available in 27892, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 38 | -2.6% |
Summary: The 27892 real estate market had 38 homes for sale in November 2024, a 2.6% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 27892 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 decreased by 14.3%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27892, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 27892 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 27892, NC
How long does it take to sell a home in 27892, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 131 Days | 157 Days | +19.4% |
Summary: Homes in 27892 had an average of 157 days on market in Nov 2024, up by 19.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27892 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 27892; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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