Is 27591, 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, 27591 has remained a Seller's Market.
Housing Prices in 27591, NC
How much do homes in 27591, NC cost?
Median Sold Price
$413,046
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27591 was $413,046 in March 2024, down 0.8% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $160.3K | N/A |
2 Bedrooms | $379.9K | $378.1K | -0.5% |
3 Bedrooms | $401K | $390K | -2.7% |
4 Bedrooms | $455K | $454.9K | 0% |
5+ Bedrooms | $483.1K | $564.3K | +16.8% |
Summary: 27591 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 0.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 16.8%.
Housing Supply in 27591, NC
How many homes are available in 27591, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
139 | 148 | +6.5% |
Summary: The 27591 real estate market had 148 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 76 | 81 | +6.6% |
4 Bedrooms | 44 | 47 | +6.8% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 27591 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 29 | +45.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 27591 in March 2024, up by 45.0% month-over-month. Of the 29 sold homes, 59% were sold under asking, 28% were sold at asking, and 14% were sold over asking.
Days on Market for 27591, NC
How long does it take to sell a home in 27591, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
95 Days | 102 Days | +7.4% |
Summary: Homes in 27591 had an average of 102 days on market in Mar 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in 27591; 3% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.