Is 27258, 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, 27258 has remained a Seller's Market.
Housing Prices in 27258, NC
How much do homes in 27258, NC cost?
Median Sold Price
$318,165
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27258 was $318,165 in March 2024, down 7.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $207K | $185K | -10.6% |
3 Bedrooms | $309K | $279.4K | -9.6% |
4 Bedrooms | $375K | $354.2K | -5.5% |
5+ Bedrooms | $346K | $365.9K | +5.8% |
Summary: 27258 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 10.6%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in 27258, NC
How many homes are available in 27258, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 38 | -5.0% |
Summary: The 27258 real estate market had 38 homes for sale in March 2024, a 5.0% 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 | 23 | 24 | +4.3% |
4 Bedrooms | 13 | 9 | -30.8% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 27258 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 increased by 4.3%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 27258 in March 2024, up by 62.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.
Days on Market for 27258, NC
How long does it take to sell a home in 27258, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 94 Days | +29.1% |
Summary: Homes in 27258 had an average of 94 days on market in Mar 2024, up by 29.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 27258; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.