Is 27249, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 27249 has remained a Seller's Market.
Housing Prices in 27249, NC
How much do homes in 27249, NC cost?
Median Sold Price
$278,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 27249 was $278,000 in February 2024, down 8.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $294.9K | $96K | -67.5% |
2 Bedrooms | $307K | $231.5K | -24.6% |
3 Bedrooms | $280K | $272.5K | -2.7% |
4 Bedrooms | $390K | $366K | -6.2% |
5+ Bedrooms | $625K | $400K | -36.0% |
Summary: 27249 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.5%, 2 bedroom homes decreased by 24.6%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 36%.
Housing Supply in 27249, NC
How many homes are available in 27249, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
70 | 58 | -17.1% |
Summary: The 27249 real estate market had 58 homes for sale in February 2024, a 17.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 6 | -40.0% |
3 Bedrooms | 27 | 23 | -14.8% |
4 Bedrooms | 23 | 21 | -8.7% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 27249 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 27249 in February 2024, down by 21.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for 27249, NC
How long does it take to sell a home in 27249, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
68 Days | 56 Days | -16.8% |
Summary: Homes in 27249 had an average of 56 days on market in Feb 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in 27249; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.