Is 27591, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27591 is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, 27591 has remained a Seller's Market.

Key Takeaway

27591 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 27591, NC cost?

Median Sold Price

$402,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$62,000(+18.2%)

Key Takeaway

Homes in 27591 have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $231.5K-
N/A
2 $270.2K$285K
+5.5%
3 $319.5K$370K
+15.8%
4 $386.6K$475.2K
+22.9%
5+ $299.9K$635.7K
+112.0%

Median Sold Price Compared To Nearby Zip Codes

27616
+25.3%
27545
+22.6%
27591
+18.2%
27527
+17.5%
27597
+12.9%

How many homes are available in 27591, NC?

Number of Homes For Sale

Dec 2022Jan 2023%
7782+6.5%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 610
+66.7%
3 5150
-2.0%
4 1717
0.0%
5+ 35
+66.7%

Number of Homes Sold

Dec 2022Jan 2023%
1718+5.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27591, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
18 Days39 Days+110.8%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27591 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 27591, NC

27591, NC has 82 homes for sale to choose from. The number of homes for sale in 27591, NC increased by 6.5% between December 2022 and January 2023. While the average time on the market in January 2023 was 39 days, the median list price was $402,000. Listing prices have changed in this real estate market between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 5.5%, 3 bedrooms properties became 15.8% more expensive, prices of 4 bedrooms properties went up by 22.9%, the cost of 5 bedrooms properties went up by 112%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 66.7%, 3 bedrooms homes inventory decreased by 2%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes increased by 66.7%. In January 2023 more than 0 listings in 27591, NC were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 11 were sold below.