Is 27530, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27530 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 27530 has remained a Seller's Market.

Key Takeaway

27530 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27530, NC

How much do homes in 27530, NC cost?

Median Sold Price

$233,650

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,767(+6.3%)

Key Takeaway

Homes in 27530 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 27530 was $233,650 in April 2024, up 6.3% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $72K-
N/A
2 $115K$131K
+13.9%
3 $220.7K$234.9K
+6.4%
4 $308.2K$320K
+3.8%
5+ $390K$323K
-17.2%

Summary: 27530 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 13.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 17.2%.

Median Sold Price Compared To Nearby Zip Codes

27530
+6.3%
27534
+3.8%
27569
+1.6%

Housing Supply in 27530, NC

How many homes are available in 27530, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
171174+1.8%

Summary: The 27530 real estate market had 174 homes for sale in April 2024, a 1.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2423
-4.2%
3 111113
+1.8%
4 3335
+6.1%
5+ 33
0.0%

Summary: The 27530 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 decreased by 4.2%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4434-22.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27530, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 27530 in April 2024, down by 22.7% month-over-month. Of the 34 sold homes, 41% were sold under asking, 24% were sold at asking, and 35% were sold over asking.

Days on Market for 27530, NC

How long does it take to sell a home in 27530, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
52 Days35 Days-31.5%

Summary: Homes in 27530 had an average of 35 days on market in Apr 2024, down by 31.5% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27530 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 34 homes were sold in 27530; 68% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 15% 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 1 Day Ago

Newest Listings in 27530, NC

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