Is 27979, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27979 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27979 has remained a Seller's Market.

Key Takeaway

27979 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27979, NC

How much do homes in 27979, NC cost?

Median Sold Price

$327,900

$131/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$132,900(+68.2%)

Key Takeaway

Homes in 27979 have sold for 68.2% more than they did a month ago.

Summary: The median home sold price in 27979 was $327,900 in October 2024, up 68.2% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $60K$327.9K
+446.5%
4 $330K-
N/A
5+ --
N/A

Summary: 27979 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 increased by 446.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27979, NC

How many homes are available in 27979, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The 27979 real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 109
-10.0%
4 10
-100.0%
5+ 01
+100.0%

Summary: The 27979 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 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

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 27979, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 27979 in October 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 27979, NC

How long does it take to sell a home in 27979, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days65 Days+72.4%

Summary: Homes in 27979 had an average of 65 days on market in Oct 2024, up by 72.4% 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 27979 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 27979; 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 27979, NC

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