Is 27239, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 27239 was a Buyer's Market.
Key Takeaway
27239 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27239, NC
How much do homes in 27239, NC cost?
Median Sold Price
$272,495
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 27239 have sold for 19.5% more than they did a year ago.
Summary: The median home sold price in 27239 was $272,495 in March 2024, up 19.5% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $230K | $185K | -19.6% |
| 3 Bedrooms | $217.9K | $280K | +28.5% |
| 4 Bedrooms | $229.4K | $295K | +28.6% |
| 5+ Bedrooms | $775K | - | N/A |
Summary: 27239 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 28.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes did not change.
Housing Supply in 27239, NC
How many homes are available in 27239, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 43 | +2.4% |
Summary: The 27239 real estate market had 43 homes for sale in March 2024, a 2.4% increase 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27239 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 25%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27239, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 27239 in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for 27239, NC
How long does it take to sell a home in 27239, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 64 Days | 89 Days | +38.0% |
Summary: Homes in 27239 had an average of 89 days on market in Mar 2024, up by 38% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27239 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in 27239; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.