Is 27544, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27544 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 27544 has remained a Seller's Market.

Key Takeaway

27544 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27544, NC

How much do homes in 27544, NC cost?

Median Sold Price

$329,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$73,000(+28.5%)

Key Takeaway

Homes in 27544 have sold for 28.5% more than they did a year ago.

Summary: The median home sold price in 27544 was $329,000 in April 2024, up 28.5% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $65.5K-
N/A
2 -$851.8K
N/A
3 $240.5K$265K
+10.2%
4 $495K$465.5K
-6.0%
5+ $425K-
N/A

Summary: 27544 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 did not change, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27544
+28.5%
27537
+8.3%
27549
+4.4%
27565
+2.6%
27525
-1.7%

Housing Supply in 27544, NC

How many homes are available in 27544, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
76-14.3%

Summary: The 27544 real estate market had 6 homes for sale in April 2024, a 14.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The 27544 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27544, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 27544 in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 27544, NC

How long does it take to sell a home in 27544, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
108 Days2 Days-97.7%

Summary: Homes in 27544 had an average of 2 days on market in Apr 2024, down by 97.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27544 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 27544; 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.

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

Report Updated 8 Days Ago

Newest Listings in 27544, NC

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