$4,156 Closing Credit*
$350,000
3,078 SqFt
6 Beds
•3 Full Baths
Adam Bennett, Listing Office: Right Realty Group
Is 27893, 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, 27893 has remained a Seller's Market.
Key Takeaway
27893 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27893, NC
How much do homes in 27893, NC cost?
Median Sold Price
$218,125
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,141(+14.8%)
Key Takeaway
Homes in 27893 have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in 27893 was $218,125 in November 2024, up 14.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.9K | $90K | +261.4% |
| 2 Bedrooms | $100K | $145K | +45.0% |
| 3 Bedrooms | $200.6K | $215K | +7.1% |
| 4 Bedrooms | $271.9K | $305K | +12.2% |
| 5+ Bedrooms | $210K | $282K | +34.3% |
Summary: 27893 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 261.4%, 2 bedroom homes increased by 45%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 34.3%.
Median Sold Price Compared To Nearby Zip Codes
| 27893 | $189.9K | $218.1K | +14.8% |
| 27896 | $289.9K | $299.9K | +3.4% |
| 27851 | $218.7K | $219.4K | 0.3% |
Housing Supply in 27893, NC
How many homes are available in 27893, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 136 | -4.9% |
Summary: The 27893 real estate market had 136 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 22 | 15 | -31.8% |
| 3 Bedrooms | 82 | 80 | -2.4% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The 27893 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 31.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27893, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 27893 in November 2024, down by 6.9% month-over-month. Of the 27 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for 27893, NC
How long does it take to sell a home in 27893, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 55 Days | +21.9% |
Summary: Homes in 27893 had an average of 55 days on market in Nov 2024, up by 21.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27893 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in 27893; 44% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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