Is 27935, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27935 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 27935 was a Neutral Market.

Key Takeaway

27935 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27935, NC

How much do homes in 27935, NC cost?

Median Sold Price

$100,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$162,500(-61.9%)

Key Takeaway

Homes in 27935 have sold for 61.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $262.5K$100K
-61.9%
4 --
N/A
5+ --
N/A

Summary: 27935 housing prices by bedroom type for October 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 61.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27935, NC

How many homes are available in 27935, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79+28.6%

Summary: The 27935 real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 46
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 27935 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 27935, 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 27935 in October 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 27935, NC

How long does it take to sell a home in 27935, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
259 Days3 Days-98.6%

Summary: Homes in 27935 had an average of 3 days on market in Oct 2024, down by 98.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27935 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 27935; 100% of homes were sold within 30 days, 0% 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 23 Days Ago

Newest Listings in 27935, NC

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