Is 27344, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 27344 was a Seller's Market.
Housing Prices in 27344, NC
How much do homes in 27344, NC cost?
Median Sold Price
$285,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 27344 was $285,000 in April 2024, up 7.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $140K | -60.0% |
2 Bedrooms | $217K | $157K | -27.6% |
3 Bedrooms | $250K | $312.5K | +25.0% |
4 Bedrooms | $335K | $254.2K | -24.1% |
5+ Bedrooms | $225K | - | N/A |
Summary: 27344 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60%, 2 bedroom homes decreased by 27.6%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
27316 | $212.7K | $254K | +19.4% |
27344 | $266K | $285K | +7.1% |
27355 | $274.4K | $260K | -5.3% |
Housing Supply in 27344, NC
How many homes are available in 27344, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Summary: The 27344 real estate market had 32 homes for sale in April 2024, a 11.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27344 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 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 27344 in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 27344, NC
How long does it take to sell a home in 27344, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 25 Days | -58.6% |
Summary: Homes in 27344 had an average of 25 days on market in Apr 2024, down by 58.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 27344; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.