Is 27030, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27030 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 27030 was a Seller's Market.

Key Takeaway

27030 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 27030, NC

How much do homes in 27030, NC cost?

Median Sold Price

$222,750

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,083(+11.0%)

Key Takeaway

Homes in 27030 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 27030 was $222,750 in March 2024, up 11% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $65.5K$159K
+142.7%
2 $153K$174.4K
+14.0%
3 $206K$226K
+9.7%
4 $335K$343.5K
+2.5%
5+ $417K$399K
-4.3%

Summary: 27030 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.7%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

27017
+27.9%
27030
+11.0%

Housing Supply in 27030, NC

How many homes are available in 27030, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
103105+1.9%

Summary: The 27030 real estate market had 105 homes for sale in March 2024, a 1.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 53
-40.0%
2 1923
+21.1%
3 5962
+5.1%
4 1916
-15.8%
5+ 11
0.0%

Summary: The 27030 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2416-33.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27030, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 27030 in March 2024, down by 33.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for 27030, NC

How long does it take to sell a home in 27030, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days40 Days-25.1%

Summary: Homes in 27030 had an average of 40 days on market in Mar 2024, down by 25.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27030 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in 27030; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% 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 24 Days Ago

Newest Listings in 27030, NC

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