Is 27104, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 27104 has remained a Seller's Market.
Housing Prices in 27104, NC
How much do homes in 27104, NC cost?
Median Sold Price
$326,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 27104 was $326,500 in April 2024, down 4% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $146.7K | +102.4% |
2 Bedrooms | $169.5K | $175K | +3.2% |
3 Bedrooms | $300K | $298.7K | -0.4% |
4 Bedrooms | $493.3K | $524K | +6.2% |
5+ Bedrooms | $824.9K | $850K | +3.0% |
Summary: 27104 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 3%.
Housing Supply in 27104, NC
How many homes are available in 27104, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
126 | 149 | +18.3% |
Summary: The 27104 real estate market had 149 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 25 | 34 | +36.0% |
3 Bedrooms | 54 | 55 | +1.9% |
4 Bedrooms | 31 | 45 | +45.2% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 27104 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 36%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 51 | +70.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in 27104 in April 2024, up by 70.0% month-over-month. Of the 51 sold homes, 41% were sold under asking, 10% were sold at asking, and 49% were sold over asking.
Days on Market for 27104, NC
How long does it take to sell a home in 27104, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 13 Days | -54.8% |
Summary: Homes in 27104 had an average of 13 days on market in Apr 2024, down by 54.8% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 51 homes were sold in 27104; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.