Is 27596, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27596 is a seller's market

Buyer's
Market

Difference Since September 2021

At the same time last year, 27596 was a Buyer's Market.

Key Takeaway

27596 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 27596, NC cost?

Median Sold Price

$444,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$119,000(+36.6%)

Key Takeaway

Homes in 27596 have sold for 36.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $195K$310K
+59.0%
3 $305.5K$376K
+23.1%
4 $374K$560K
+49.7%
5+ $434.5K$516.7K
+18.9%

Median Sold Price Compared To Nearby Zip Codes

27596
+36.6%
27587
+31.6%
27549
+31.3%
27597
+29.9%

How many homes are available in 27596, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
9997-2.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 52
-60.0%
3 4554
+20.0%
4 4537
-17.8%
5+ 44
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
3527-22.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27596, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
17 Days22 Days+30.7%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27596 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 27596, NC

27596, NC has 97 homes for sale to choose from. The inventory of homes for sale in 27596, NC between August 2022 and September 2022 decreased by 2%. Listings spent 22 days on the market in September 2022, and had a median list price of $444,000 during the same period. This housing market listing prices have changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 59%, 3 bedrooms properties became 23.1% more expensive, 4 bedrooms properties prices increased by 49.7%, prices of 5 bedrooms properties went up by 18.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 60%, 3 bedrooms homes became 20% more available, volume of 4 bedrooms homes went down by 17.8%, volume of 5 bedrooms homes stayed the same. 27596, NC housing market in September 2022 saw over 4 listings sold above listed price, more than 7 sold at listed price and over 13 sold below.