Is 27924, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27924 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27924 has remained a Seller's Market.

Key Takeaway

27924 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27924, NC

How much do homes in 27924, NC cost?

Median Sold Price

$169,700

$83/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$29,700(+21.2%)

Key Takeaway

Homes in 27924 have sold for 21.2% more than they did a month ago.

Summary: The median home sold price in 27924 was $169,700 in November 2024, up 21.2% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $140K-
N/A
3 -$169.7K
N/A
4 --
N/A
5+ --
N/A

Summary: 27924 housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27924, NC

How many homes are available in 27924, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The 27924 real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 27924 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27924, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 27924 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 27924, NC

How long does it take to sell a home in 27924, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
66 Days145 Days+119.7%

Summary: Homes in 27924 had an average of 145 days on market in Nov 2024, up by 119.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 27924 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 27924; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in 27924, NC

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