Is 27559, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27559 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 27559 has remained a Seller's Market.

Key Takeaway

27559 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 27559, NC

How much do homes in 27559, NC cost?

Median Sold Price

$280,000

$149/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$65,000(-18.8%)

Key Takeaway

Homes in 27559 have sold for 18.8% less than they did a month ago.

Summary: The median home sold price in 27559 was $280,000 in April 2024, down 18.8% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $345K$280K
-18.8%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 27559 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 27559, NC

How many homes are available in 27559, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The 27559 real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 12
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 27559 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 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 27559, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 27559 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 27559, NC

How long does it take to sell a home in 27559, NC?

Average Sale Time

Mar 2024Apr 2024CHANGE
50 Days30 Days-40.0%

Summary: Homes in 27559 had an average of 30 days on market in Apr 2024, down by 40% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 27559 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 27559; 0% of homes were sold within 30 days, 100% 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 4 Days Ago

Newest Listings in 27559, NC

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