Is 27910, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27910 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 27910 was a Buyer's Market.

Key Takeaway

27910 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27910, NC

How much do homes in 27910, NC cost?

Median Sold Price

$242,500

$115/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$121,000(+99.6%)

Key Takeaway

Homes in 27910 have sold for 99.6% more than they did a month ago.

Summary: The median home sold price in 27910 was $242,500 in December 2024, up 99.6% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$27.5K
N/A
2 --
N/A
3 $185K$285K
+54.1%
4 $58K$330K
+469.0%
5+ --
N/A

Summary: 27910 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 54.1%, 4 bedroom homes increased by 469%, and 5+ bedroom homes did not change.

Housing Supply in 27910, NC

How many homes are available in 27910, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1719+11.8%

Summary: The 27910 real estate market had 19 homes for sale in December 2024, a 11.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 1012
+20.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The 27910 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27910, 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 27910 in December 2024, up by 100.0% 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 27910, NC

How long does it take to sell a home in 27910, NC?

Average Sale Time

Nov 2024Dec 2024CHANGE
80 Days12 Days-84.1%

Summary: Homes in 27910 had an average of 12 days on market in Dec 2024, down by 84.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27910 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 27910; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in 27910, NC

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