Is 27545, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 27545 has remained a Seller's Market.
Key Takeaway
27545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27545, NC
How much do homes in 27545, NC cost?
Median Sold Price
$375,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 27545 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 27545 was $375,000 in April 2024, down 0.8% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $260K | $237K | -8.8% |
| 3 Bedrooms | $330K | $343K | +3.9% |
| 4 Bedrooms | $441K | $433K | -1.8% |
| 5+ Bedrooms | $545K | $562K | +3.1% |
Summary: 27545 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 decreased by 8.8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 27545, NC
How many homes are available in 27545, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 115 | 105 | -8.7% |
Summary: The 27545 real estate market had 105 homes for sale in April 2024, a 8.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 46 | 44 | -4.3% |
| 4 Bedrooms | 44 | 39 | -11.4% |
| 5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The 27545 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 25%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 33 | -5.7% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27545, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 27545 in April 2024, down by 5.7% month-over-month. Of the 33 sold homes, 52% were sold under asking, 27% were sold at asking, and 21% were sold over asking.
Days on Market for 27545, NC
How long does it take to sell a home in 27545, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 126 Days | 33 Days | -73.5% |
Summary: Homes in 27545 had an average of 33 days on market in Apr 2024, down by 73.5% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27545 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in 27545; 70% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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