Is 27592, 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, 27592 was a Seller's Market.
Housing Prices in 27592, NC
How much do homes in 27592, NC cost?
Median Sold Price
$409,966
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27592 was $409,966 in March 2024, down 3.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | - | N/A |
2 Bedrooms | $275K | $315.5K | +14.7% |
3 Bedrooms | $375K | $360K | -4.0% |
4 Bedrooms | $489.9K | $499.9K | +2.0% |
5+ Bedrooms | $650K | $522K | -19.7% |
Summary: 27592 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 14.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 19.7%.
Housing Supply in 27592, NC
How many homes are available in 27592, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 67 | +15.5% |
Summary: The 27592 real estate market had 67 homes for sale in March 2024, a 15.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 44 | 45 | +2.3% |
4 Bedrooms | 12 | 20 | +66.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 27592 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 increased by 2.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 27592 in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 27592, NC
How long does it take to sell a home in 27592, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
107 Days | 70 Days | -34.5% |
Summary: Homes in 27592 had an average of 70 days on market in Mar 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 27592; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.