$3,325 Closing Credit*
$280,000
2,462 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100476184, Listing Office: exp Realty
Is 27983, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 27983 was a Seller's Market.
Key Takeaway
27983 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27983, NC
How much do homes in 27983, NC cost?
Median Sold Price
$180,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$68,500(+61.4%)
Key Takeaway
Homes in 27983 have sold for 61.4% more than they did a year ago.
Summary: The median home sold price in 27983 was $180,000 in October 2024, up 61.4% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $408K | - | N/A |
| 2 Bedrooms | $79K | $70K | -11.4% |
| 3 Bedrooms | $99K | $182.5K | +84.3% |
| 4 Bedrooms | $247.5K | $570K | +130.3% |
| 5+ Bedrooms | - | $211K | N/A |
Summary: 27983 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 84.3%, 4 bedroom homes increased by 130.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27983 | $111.5K | $180K | +61.4% |
| 27892 | $145.2K | $149.9K | +3.2% |
Housing Supply in 27983, NC
How many homes are available in 27983, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The 27983 real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27983 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 increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27983, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 27983 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 27983, NC
How long does it take to sell a home in 27983, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 167 Days | 21 Days | -87.1% |
Summary: Homes in 27983 had an average of 21 days on market in Oct 2024, down by 87.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27983 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 27983; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
