Is 27325, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27325 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 27325 has remained a Seller's Market.

Key Takeaway

27325 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27325, NC

How much do homes in 27325, NC cost?

Median Sold Price

$235,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$12,500(-5.1%)

Key Takeaway

Homes in 27325 have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in 27325 was $235,000 in April 2024, down 5.1% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $198.5K$197.5K
-0.5%
3 $290K$235K
-19.0%
4 $235K$239K
+1.7%
5+ -$252.5K
N/A

Summary: 27325 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

28327
+6.7%
27341
-4.0%
27325
-5.1%

Housing Supply in 27325, NC

How many homes are available in 27325, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1013+30.0%

Summary: The 27325 real estate market had 13 homes for sale in April 2024, a 30.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 23
+50.0%
4 55
0.0%
5+ 01
+100.0%

Summary: The 27325 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27325, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 27325 in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 27325, NC

How long does it take to sell a home in 27325, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days34 Days+18.4%

Summary: Homes in 27325 had an average of 34 days on market in Apr 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27325 has remained consistent over time.

Summary: During April 2024, 3 homes were sold in 27325; 0% of homes were sold within 30 days, 100% 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 16 Days Ago

Newest Listings in 27325, NC

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