Is 27314, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27314 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27314 has remained a Seller's Market.

Key Takeaway

27314 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27314, NC

How much do homes in 27314, NC cost?

Median Sold Price

$479,900

$417/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$70,100(-12.7%)

Key Takeaway

Homes in 27314 have sold for 12.7% less than they did a month ago.

Summary: The median home sold price in 27314 was $479,900 in May 2024, down 12.7% from last month, and the median price per square foot was $417.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$479.9K
N/A
2 $550K-
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 27314 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27314, NC

How many homes are available in 27314, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
23+50.0%

Summary: The 27314 real estate market had 3 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 02
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 27314 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27314, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 27314 in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 27314, NC

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27314 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in 27314; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in 27314, NC

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