Is 27021, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 27021 has remained a Seller's Market.
Housing Prices in 27021, NC
How much do homes in 27021, NC cost?
Median Sold Price
$267,450
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27021 was $267,450 in March 2024, down 5.6% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $116K | -9.0% |
2 Bedrooms | $177.9K | $200K | +12.4% |
3 Bedrooms | $275K | $246.5K | -10.4% |
4 Bedrooms | $375.9K | $379K | +0.8% |
5+ Bedrooms | $434.9K | $419.9K | -3.4% |
Summary: 27021 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9%, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in 27021, NC
How many homes are available in 27021, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 56 | -3.4% |
Summary: The 27021 real estate market had 56 homes for sale in March 2024, a 3.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 18 | 17 | -5.6% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 27021 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 27021 in March 2024, the same as the previous month. Of the 17 sold homes, 35% were sold under asking, 18% were sold at asking, and 47% were sold over asking.
Days on Market for 27021, NC
How long does it take to sell a home in 27021, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 41 Days | -10.8% |
Summary: Homes in 27021 had an average of 41 days on market in Mar 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 27021; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.