Is 27565, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 27565 was a Seller's Market.
Key Takeaway
27565 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 27565, NC
How much do homes in 27565, NC cost?
Median Sold Price
$290,750
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 27565 have sold for 2% more than they did a year ago.
Summary: The median home sold price in 27565 was $290,750 in March 2024, up 2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $50K | N/A |
| 2 Bedrooms | $181K | $155K | -14.4% |
| 3 Bedrooms | $275K | $283.6K | +3.1% |
| 4 Bedrooms | $412.4K | $382.5K | -7.3% |
| 5+ Bedrooms | $372K | $502.5K | +35.1% |
Summary: 27565 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 decreased by 14.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 35.1%.
Median Sold Price Compared To Nearby Zip Codes
| 27537 | $256.9K | $282.5K | +9.9% |
| 27581 | $300K | $319.9K | +6.7% |
| 27565 | $285K | $290.7K | +2.0% |
Housing Supply in 27565, NC
How many homes are available in 27565, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 37 | -9.8% |
Summary: The 27565 real estate market had 37 homes for sale in March 2024, a 9.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 27565 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 decreased by 50%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27565, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 27565 in March 2024, down by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 27565, NC
How long does it take to sell a home in 27565, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 105 Days | 97 Days | -7.8% |
Summary: Homes in 27565 had an average of 97 days on market in Mar 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27565 has remained consistent over time.
Summary: During March 2024, 6 homes were sold in 27565; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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