Is 27569, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 27569 has remained a Seller's Market.
Key Takeaway
27569 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27569, NC
How much do homes in 27569, NC cost?
Median Sold Price
$310,650
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in 27569 has remained the same since last year.
Summary: The median home sold price in 27569 was $310,650 in March 2024, up 0.2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $278.2K | +13.6% |
| 3 Bedrooms | $276.3K | $299.9K | +8.6% |
| 4 Bedrooms | $389.9K | $354.9K | -9.0% |
| 5+ Bedrooms | $435K | - | N/A |
Summary: 27569 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 increased by 13.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes did not change.
Housing Supply in 27569, NC
How many homes are available in 27569, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 36 | -7.7% |
Summary: The 27569 real estate market had 36 homes for sale in March 2024, a 7.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 33 | 31 | -6.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27569 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 remained the same, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27569, expect to pay close to the asking price. 87.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 27569 in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 0% were sold under asking, 88% were sold at asking, and 13% were sold over asking.
Days on Market for 27569, NC
How long does it take to sell a home in 27569, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 106 Days | 127 Days | +19.5% |
Summary: Homes in 27569 had an average of 127 days on market in Mar 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 27569 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 8 homes were sold in 27569; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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