Is 27330, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27330 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 27330 was a Seller's Market.

Key Takeaway

27330 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27330, NC

How much do homes in 27330, NC cost?

Median Sold Price

$305,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,000(+2.7%)

Key Takeaway

Homes in 27330 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 27330 was $305,000 in April 2024, up 2.7% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$198K
N/A
2 $190K$227.5K
+19.7%
3 $280K$299K
+6.8%
4 $360K$336.2K
-6.6%
5+ $442.3K$490K
+10.8%

Summary: 27330 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 increased by 19.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

27252
+5.1%
27332
+4.1%
27330
+2.7%

Housing Supply in 27330, NC

How many homes are available in 27330, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
150156+4.0%

Summary: The 27330 real estate market had 156 homes for sale in April 2024, a 4.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1210
-16.7%
3 9195
+4.4%
4 3838
0.0%
5+ 812
+50.0%

Summary: The 27330 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 decreased by 16.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4221-50.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27330, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 27330 in April 2024, down by 50.0% month-over-month. Of the 21 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% were sold over asking.

Days on Market for 27330, NC

How long does it take to sell a home in 27330, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
102 Days67 Days-34.7%

Summary: Homes in 27330 had an average of 67 days on market in Apr 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 27330 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 21 homes were sold in 27330; 33% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 38% 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 4 Days Ago

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