Is 27260, 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, 27260 has remained a Seller's Market.
Housing Prices in 27260, NC
How much do homes in 27260, NC cost?
Median Sold Price
$145,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27260 was $145,000 in March 2024, up 3.6% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $85K | +54.5% |
2 Bedrooms | $90K | $125K | +38.9% |
3 Bedrooms | $152K | $165K | +8.6% |
4 Bedrooms | $290K | $248.9K | -14.2% |
5+ Bedrooms | $235K | $77K | -67.2% |
Summary: 27260 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.5%, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 67.2%.
Housing Supply in 27260, NC
How many homes are available in 27260, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 82 | 0.0% |
Summary: The 27260 real estate market had 82 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 25 | +13.6% |
3 Bedrooms | 54 | 51 | -5.6% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27260 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 13.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 27260 in March 2024, the same as the previous month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.
Days on Market for 27260, NC
How long does it take to sell a home in 27260, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 44 Days | +25.2% |
Summary: Homes in 27260 had an average of 44 days on market in Mar 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 27260; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.