Is 27265, 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, 27265 has remained a Seller's Market.
Housing Prices in 27265, NC
How much do homes in 27265, NC cost?
Median Sold Price
$301,670
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27265 was $301,670 in March 2024, up 3% 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 | - | - | N/A |
2 Bedrooms | $170K | $182K | +7.1% |
3 Bedrooms | $265K | $276.5K | +4.3% |
4 Bedrooms | $370K | $365K | -1.4% |
5+ Bedrooms | $409.3K | $451.2K | +10.2% |
Summary: 27265 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 increased by 7.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in 27265, NC
How many homes are available in 27265, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
197 | 209 | +6.1% |
Summary: The 27265 real estate market had 209 homes for sale in March 2024, a 6.1% 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 | 32 | 26 | -18.8% |
3 Bedrooms | 96 | 110 | +14.6% |
4 Bedrooms | 62 | 65 | +4.8% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 27265 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 decreased by 18.8%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 61 | +29.8% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in 27265 in March 2024, up by 29.8% month-over-month. Of the 61 sold homes, 66% were sold under asking, 16% were sold at asking, and 18% were sold over asking.
Days on Market for 27265, NC
How long does it take to sell a home in 27265, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 42 Days | +43.3% |
Summary: Homes in 27265 had an average of 42 days on market in Mar 2024, up by 43.3% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 61 homes were sold in 27265; 61% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.