Is 27927, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27927 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 27927 has remained a Buyer's Market.

Key Takeaway

27927 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27927, NC

How much do homes in 27927, NC cost?

Median Sold Price

$530,000

$552/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$170,000(-24.3%)

Key Takeaway

Homes in 27927 have sold for 24.3% less than they did a month ago.

Summary: The median home sold price in 27927 was $530,000 in November 2024, down 24.3% from last month, and the median price per square foot was $552.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $700K$530K
-24.3%
4 --
N/A
5+ --
N/A

Summary: 27927 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 decreased by 24.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27927, NC

How many homes are available in 27927, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2426+8.3%

Summary: The 27927 real estate market had 26 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 89
+12.5%
5+ 911
+22.2%

Summary: The 27927 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27927, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 27927 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 27927, NC

How long does it take to sell a home in 27927, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
88 Days59 Days-32.4%

Summary: Homes in 27927 had an average of 59 days on market in Nov 2024, down by 32.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27927 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 27927; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in 27927, NC

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