Is 27041, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 27041 was a Seller's Market.
Key Takeaway
27041 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27041, NC
How much do homes in 27041, NC cost?
Median Sold Price
$580,000
$242/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 27041 have sold for 129.2% more than they did a month ago.
Summary: The median home sold price in 27041 was $580,000 in March 2024, up 129.2% from last month, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $253K | $560K | +121.3% |
| 4 Bedrooms | $369.5K | $600K | +62.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: 27041 housing prices by bedroom type for March 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 121.3%, 4 bedroom homes increased by 62.4%, and 5+ bedroom homes did not change.
Housing Supply in 27041, NC
How many homes are available in 27041, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The 27041 real estate market had 24 homes for sale in March 2024, a 7.7% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 27041 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 increased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27041, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 27041 in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27041, NC
How long does it take to sell a home in 27041, NC?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 57 Days | -6.0% |
Summary: Homes in 27041 had an average of 57 days on market in Mar 2024, down by 6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27041 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 27041; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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