Is 27103, 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, 27103 has remained a Seller's Market.
Housing Prices in 27103, NC
How much do homes in 27103, NC cost?
Median Sold Price
$281,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27103 was $281,000 in March 2024, up 6.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.2K | $102.5K | +20.2% |
2 Bedrooms | $197K | $207K | +5.1% |
3 Bedrooms | $283.5K | $289.1K | +2.0% |
4 Bedrooms | $363.7K | $370K | +1.7% |
5+ Bedrooms | $347.5K | $390K | +12.2% |
Summary: 27103 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 12.2%.
Housing Supply in 27103, NC
How many homes are available in 27103, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
146 | 163 | +11.6% |
Summary: The 27103 real estate market had 163 homes for sale in March 2024, a 11.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 47 | 49 | +4.3% |
3 Bedrooms | 67 | 85 | +26.9% |
4 Bedrooms | 26 | 21 | -19.2% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 27103 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 44 | +12.8% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 27103 in March 2024, up by 12.8% month-over-month. Of the 44 sold homes, 59% were sold under asking, 9% were sold at asking, and 32% were sold over asking.
Days on Market for 27103, NC
How long does it take to sell a home in 27103, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 36 Days | +27.9% |
Summary: Homes in 27103 had an average of 36 days on market in Mar 2024, up by 27.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 44 homes were sold in 27103; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.