Is 27562, 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, 27562 has remained a Seller's Market.
Housing Prices in 27562, NC
How much do homes in 27562, NC cost?
Median Sold Price
$655,797
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 27562 was $655,797 in April 2024, down 0.6% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $502.5K | $535K | +6.5% |
3 Bedrooms | $550.3K | $567.5K | +3.1% |
4 Bedrooms | $647.6K | $620K | -4.3% |
5+ Bedrooms | $1.1M | $795.5K | -32.3% |
Summary: 27562 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 6.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 32.3%.
Housing Supply in 27562, NC
How many homes are available in 27562, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 28 | -20.0% |
Summary: The 27562 real estate market had 28 homes for sale in April 2024, a 20.0% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The 27562 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 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 27562 in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 27562, NC
How long does it take to sell a home in 27562, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
157 Days | 25 Days | -83.9% |
Summary: Homes in 27562 had an average of 25 days on market in Apr 2024, down by 83.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 27562; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.