Is 27360, 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, 27360 has remained a Seller's Market.
Housing Prices in 27360, NC
How much do homes in 27360, NC cost?
Median Sold Price
$240,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 27360 was $240,000 in April 2024, up 5.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97K | $71.2K | -26.5% |
2 Bedrooms | $137.7K | $152K | +10.3% |
3 Bedrooms | $225K | $245K | +8.9% |
4 Bedrooms | $309.8K | $325K | +4.9% |
5+ Bedrooms | $361.4K | $363.8K | +0.7% |
Summary: 27360 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.5%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 27360, NC
How many homes are available in 27360, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
168 | 174 | +3.6% |
Summary: The 27360 real estate market had 174 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 32 | 29 | -9.4% |
3 Bedrooms | 111 | 115 | +3.6% |
4 Bedrooms | 17 | 24 | +41.2% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 27360 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 44 | +7.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 27360 in April 2024, up by 7.3% month-over-month. Of the 44 sold homes, 32% were sold under asking, 41% were sold at asking, and 27% were sold over asking.
Days on Market for 27360, NC
How long does it take to sell a home in 27360, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 26 Days | -11.7% |
Summary: Homes in 27360 had an average of 26 days on market in Apr 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in 27360; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.