Is 27358, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 27358 has remained a Seller's Market.
Housing Prices in 27358, NC
How much do homes in 27358, NC cost?
Median Sold Price
$569,527
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 27358 was $569,527 in April 2024, down 1% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145.5K | $180K | +23.7% |
2 Bedrooms | $225K | $242.4K | +7.8% |
3 Bedrooms | $400K | $421K | +5.3% |
4 Bedrooms | $719.5K | $764K | +6.2% |
5+ Bedrooms | $885K | $916.4K | +3.6% |
Summary: 27358 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.7%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 27358, NC
How many homes are available in 27358, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 71 | +29.1% |
Summary: The 27358 real estate market had 71 homes for sale in April 2024, a 29.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 34 | 48 | +41.2% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 27358 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 27358 in April 2024, down by 7.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for 27358, NC
How long does it take to sell a home in 27358, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 37 Days | -30.2% |
Summary: Homes in 27358 had an average of 37 days on market in Apr 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 27358; 77% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.