$22,000
2.63 Acres
Land
#100473995, 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 October 2023
Since last year, 27892 has remained a Seller's Market.
Key Takeaway
27892 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 October 2023
+$4,650(+3.2%)
Key Takeaway
Homes in 27892 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 27892 was $149,900 in October 2024, up 3.2% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $131.5K | +25.2% |
| 3 Bedrooms | $174K | $151K | -13.2% |
| 4 Bedrooms | $175K | $172.5K | -1.4% |
| 5+ Bedrooms | $87K | $39.9K | -54.1% |
Summary: 27892 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 25.2%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 54.1%.
Median Sold Price Compared To Nearby Zip Codes
| 27983 | $111.5K | $180K | +61.4% |
| 27892 | $145.2K | $149.9K | +3.2% |
Housing Supply in 27892, NC
How many homes are available in 27892, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 40 | +8.1% |
Summary: The 27892 real estate market had 40 homes for sale in October 2024, a 8.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 27892 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 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 27892, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 27892 in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 86 Days | 111 Days | +28.7% |
Summary: Homes in 27892 had an average of 111 days on market in Oct 2024, up by 28.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 27892 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in 27892; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
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