$356 Closing Credit*
$30,000
925 SqFt
2 Beds
•1 Full Bath
#100475740, Listing Office: Womble Real Estate
Is 27893, 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, 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
$215,200
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,533(+12.9%)
Key Takeaway
Homes in 27893 have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in 27893 was $215,200 in October 2024, up 12.9% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.9K | $90K | +261.4% |
| 2 Bedrooms | $101.5K | $135K | +33.0% |
| 3 Bedrooms | $201K | $215K | +7.0% |
| 4 Bedrooms | $270.3K | $305K | +12.8% |
| 5+ Bedrooms | $210K | $289K | +37.6% |
Summary: 27893 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 261.4%, 2 bedroom homes increased by 33%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 37.6%.
Median Sold Price Compared To Nearby Zip Codes
| 27893 | $190.6K | $215.2K | +12.9% |
| 27896 | $289.9K | $300K | +3.5% |
Housing Supply in 27893, NC
How many homes are available in 27893, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 141 | +6.0% |
Summary: The 27893 real estate market had 141 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 81 | 81 | 0.0% |
| 4 Bedrooms | 20 | 26 | +30.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 27893 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 10.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27893, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 27893 in October 2024, down by 3.6% month-over-month. Of the 27 sold homes, 56% were sold under asking, 26% were sold at asking, and 19% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 66 Days | -2.6% |
Summary: Homes in 27893 had an average of 66 days on market in Oct 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 27 homes were sold in 27893; 59% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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