Is 27523, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 27523 has remained a Seller's Market.
Housing Prices in 27523, NC
How much do homes in 27523, NC cost?
Median Sold Price
$596,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27523 was $596,500 in March 2024, down 4.3% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $850K | - | N/A |
2 Bedrooms | $597.5K | $252K | -57.8% |
3 Bedrooms | $550K | $497.3K | -9.6% |
4 Bedrooms | $614K | $608K | -1.0% |
5+ Bedrooms | $951.2K | $1.1M | +22.0% |
Summary: 27523 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.8%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 22%.
Housing Supply in 27523, NC
How many homes are available in 27523, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 69 | 0.0% |
Summary: The 27523 real estate market had 69 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 24 | 26 | +8.3% |
5+ Bedrooms | 24 | 21 | -12.5% |
Summary: The 27523 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 27523 in March 2024, the same as the previous month. Of the 16 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for 27523, NC
How long does it take to sell a home in 27523, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 84 Days | +20.5% |
Summary: Homes in 27523 had an average of 84 days on market in Mar 2024, up by 20.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 27523; 19% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.