Is 27539, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27539 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 27539 has remained a Seller's Market.

Key Takeaway

27539 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27539, NC

How much do homes in 27539, NC cost?

Median Sold Price

$629,036

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,046(+4.8%)

Key Takeaway

Homes in 27539 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 27539 was $629,036 in March 2024, up 4.8% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $328.5K$375K
+14.2%
3 $440K$440K
0.0%
4 $635.8K$636.2K
0.1%
5+ $780K$770K
-1.3%

Summary: 27539 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 increased by 14.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Zip Codes

27518
+6.3%
27511
+5.1%
27539
+4.8%
27502
+4.0%
27540
-3.4%

Housing Supply in 27539, NC

How many homes are available in 27539, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8184+3.7%

Summary: The 27539 real estate market had 84 homes for sale in March 2024, a 3.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 03
+100.0%
3 2523
-8.0%
4 3632
-11.1%
5+ 1925
+31.6%

Summary: The 27539 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 31.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1923+21.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27539, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 27539 in March 2024, up by 21.1% month-over-month. Of the 23 sold homes, 48% were sold under asking, 17% were sold at asking, and 35% were sold over asking.

Days on Market for 27539, NC

How long does it take to sell a home in 27539, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
146 Days83 Days-43.2%

Summary: Homes in 27539 had an average of 83 days on market in Mar 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27539 has remained consistent over time.

Summary: During March 2024, 23 homes were sold in 27539; 4% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 26% 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 17 Days Ago

Newest Listings in 27539, NC

Nearby Markets to 27539, NC