Is 27282, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 27282 has remained a Seller's Market.
Key Takeaway
27282 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27282, NC
How much do homes in 27282, NC cost?
Median Sold Price
$329,900
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 27282 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 27282 was $329,900 in April 2024, up 5.1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | $129.5K | +6.1% |
| 2 Bedrooms | $232.5K | $200K | -14.0% |
| 3 Bedrooms | $290K | $300K | +3.4% |
| 4 Bedrooms | $371K | $381.7K | +2.9% |
| 5+ Bedrooms | $450K | $467.5K | +3.9% |
Summary: 27282 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 27282, NC
How many homes are available in 27282, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 82 | 74 | -9.8% |
Summary: The 27282 real estate market had 74 homes for sale in April 2024, a 9.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 41 | 41 | 0.0% |
| 4 Bedrooms | 28 | 22 | -21.4% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 27282 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27282, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 27282 in April 2024, up by 17.4% month-over-month. Of the 27 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 27282, NC
How long does it take to sell a home in 27282, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 32 Days | -18.1% |
Summary: Homes in 27282 had an average of 32 days on market in Apr 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27282 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in 27282; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
