Is 27027, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27027 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27027 has remained a Seller's Market.

Key Takeaway

27027 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27027, NC

How much do homes in 27027, NC cost?

Median Sold Price

$186,900

$171/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$58,900(+46.0%)

Key Takeaway

Homes in 27027 have sold for 46% more than they did a month ago.

Summary: The median home sold price in 27027 was $186,900 in April 2024, up 46% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $82K-
N/A
2 $128K-
N/A
3 -$186.9K
N/A
4 --
N/A
5+ --
N/A

Summary: 27027 housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27027, NC

How many homes are available in 27027, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1011+10.0%

Summary: The 27027 real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 44
0.0%
3 36
+100.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The 27027 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27027, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 27027 in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for 27027, NC

How long does it take to sell a home in 27027, NC?

Average Sale Time

Mar 2024Apr 2024CHANGE
28 Days38 Days+35.3%

Summary: Homes in 27027 had an average of 38 days on market in Apr 2024, up by 35.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27027 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 27027; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 13 Days Ago

Newest Listings in 27027, NC

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