Is 27573, 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, 27573 has remained a Seller's Market.
Key Takeaway
27573 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27573, NC
How much do homes in 27573, NC cost?
Median Sold Price
$225,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 27573 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 27573 was $225,000 in April 2024, up 9.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $89.9K | -0.1% |
| 2 Bedrooms | $137.2K | $160K | +16.6% |
| 3 Bedrooms | $214.9K | $220K | +2.3% |
| 4 Bedrooms | $249K | $279.9K | +12.4% |
| 5+ Bedrooms | $292K | $325K | +11.3% |
Summary: 27573 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Zip Codes
| 27573 | $205K | $225K | +9.8% |
| 27574 | $276.5K | $294K | +6.3% |
Housing Supply in 27573, NC
How many homes are available in 27573, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The 27573 real estate market had 40 homes for sale in April 2024, a 2.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 27573 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 27573, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 27573 in April 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for 27573, NC
How long does it take to sell a home in 27573, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 36 Days | -54.5% |
Summary: Homes in 27573 had an average of 36 days on market in Apr 2024, down by 54.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27573 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 27573; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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