Is 27572, 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, 27572 was a Neutral Market.
Housing Prices in 27572, NC
How much do homes in 27572, NC cost?
Median Sold Price
$368,500
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27572 was $368,500 in March 2024, up 1% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $213.5K | $296.7K | +39.0% |
3 Bedrooms | $355.5K | $349.5K | -1.7% |
4 Bedrooms | $470K | $602.4K | +28.2% |
5+ Bedrooms | $410K | $635K | +54.9% |
Summary: 27572 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 39%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes increased by 54.9%.
Median Sold Price Compared To Nearby Zip Codes
27503 | $449.9K | $515K | +14.5% |
27581 | $300K | $319.9K | +6.7% |
27583 | $367.5K | $375K | +2.0% |
27572 | $364.9K | $368.5K | +1.0% |
27541 | $342.6K | $325K | -5.1% |
Housing Supply in 27572, NC
How many homes are available in 27572, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Summary: The 27572 real estate market had 17 homes for sale in March 2024, a 13.3% increase 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 | 1 | -50.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 27572 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 increased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 27572 in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 27572, NC
How long does it take to sell a home in 27572, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 54 Days | +64.9% |
Summary: Homes in 27572 had an average of 54 days on market in Mar 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 27572; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.