Is 27526, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27526 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 27526 has remained a Seller's Market.

Key Takeaway

27526 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27526, NC

How much do homes in 27526, NC cost?

Median Sold Price

$449,998

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$6,092(-1.3%)

Key Takeaway

Homes in 27526 have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in 27526 was $449,998 in April 2024, down 1.3% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $325.9K$413.3K
+26.8%
3 $399.4K$400K
0.1%
4 $496.7K$520.2K
+4.7%
5+ $591.7K$586K
-1.0%

Summary: 27526 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 26.8%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Zip Codes

27539
+5.0%
27526
-1.3%
27501
-1.7%
27540
-2.1%
27592
-4.2%

Housing Supply in 27526, NC

How many homes are available in 27526, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330333+0.9%

Summary: The 27526 real estate market had 333 homes for sale in April 2024, a 0.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1823
+27.8%
3 145137
-5.5%
4 118123
+4.2%
5+ 4950
+2.0%

Summary: The 27526 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 27.8%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
82820.0%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27526, you may be able to get a good deal. 42.7% of homes here sold below asking price last month.

Summary: A total of 82 homes were sold or pending in 27526 in April 2024, the same as the previous month. Of the 82 sold homes, 43% were sold under asking, 29% were sold at asking, and 28% were sold over asking.

Days on Market for 27526, NC

How long does it take to sell a home in 27526, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
105 Days36 Days-65.8%

Summary: Homes in 27526 had an average of 36 days on market in Apr 2024, down by 65.8% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27526 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 82 homes were sold in 27526; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in 27526, NC

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