Is 27284, 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, 27284 has remained a Seller's Market.
Housing Prices in 27284, NC
How much do homes in 27284, NC cost?
Median Sold Price
$330,206
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27284 was $330,206 in March 2024, up 2.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115.5K | $120.2K | +4.1% |
2 Bedrooms | $179.9K | $207.2K | +15.2% |
3 Bedrooms | $290K | $307.9K | +6.2% |
4 Bedrooms | $399.5K | $412.6K | +3.3% |
5+ Bedrooms | $450K | $464K | +3.1% |
Summary: 27284 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 27284, NC
How many homes are available in 27284, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
208 | 214 | +2.9% |
Summary: The 27284 real estate market had 214 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 25 | 24 | -4.0% |
3 Bedrooms | 108 | 113 | +4.6% |
4 Bedrooms | 64 | 67 | +4.7% |
5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 27284 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 64 | +52.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in 27284 in March 2024, up by 52.4% month-over-month. Of the 64 sold homes, 44% were sold under asking, 34% were sold at asking, and 22% were sold over asking.
Days on Market for 27284, NC
How long does it take to sell a home in 27284, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
36 Days | 37 Days | +3.6% |
Summary: Homes in 27284 had an average of 37 days on market in Mar 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 64 homes were sold in 27284; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.