Is 27510, 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, 27510 has remained a Seller's Market.
Key Takeaway
27510 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27510, NC
How much do homes in 27510, NC cost?
Median Sold Price
$482,500
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 27510 have sold for 26.1% more than they did a year ago.
Summary: The median home sold price in 27510 was $482,500 in April 2024, up 26.1% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $294.9K | +13.4% |
| 3 Bedrooms | $466.5K | $550.5K | +18.0% |
| 4 Bedrooms | $552.5K | $680K | +23.1% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: 27510 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 13.4%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27510 | $382.5K | $482.5K | +26.1% |
| 27516 | $614.2K | $631.2K | +2.8% |
Housing Supply in 27510, NC
How many homes are available in 27510, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 29 | +61.1% |
Summary: The 27510 real estate market had 29 homes for sale in April 2024, a 61.1% increase 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 | 4 | 9 | +125.0% |
| 3 Bedrooms | 2 | 7 | +250.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 27510 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 125%, 3 bedroom homes increased by 250%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27510, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 27510 in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 27510, NC
How long does it take to sell a home in 27510, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 7 Days | -77.3% |
Summary: Homes in 27510 had an average of 7 days on market in Apr 2024, down by 77.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27510 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 27510; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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