Is 27610, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 27610 has remained a Seller's Market.
Housing Prices in 27610, NC
How much do homes in 27610, NC cost?
Median Sold Price
$330,375
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 27610 was $330,375 in February 2024, down 3.5% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $268.4K | -23.3% |
2 Bedrooms | $255K | $250K | -2.0% |
3 Bedrooms | $336.3K | $320K | -4.9% |
4 Bedrooms | $380K | $370K | -2.6% |
5+ Bedrooms | $387.5K | $387.7K | 0.1% |
Summary: 27610 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 27610, NC
How many homes are available in 27610, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
228 | 215 | -5.7% |
Summary: The 27610 real estate market had 215 homes for sale in February 2024, a 5.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 26 | 28 | +7.7% |
3 Bedrooms | 139 | 131 | -5.8% |
4 Bedrooms | 52 | 44 | -15.4% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 27610 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
46 | 49 | +6.5% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in 27610 in February 2024, up by 6.5% month-over-month. Of the 49 sold homes, 55% were sold under asking, 37% were sold at asking, and 8% were sold over asking.
Days on Market for 27610, NC
How long does it take to sell a home in 27610, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
83 Days | 101 Days | +22.3% |
Summary: Homes in 27610 had an average of 101 days on market in Feb 2024, up by 22.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During February 2024, 49 homes were sold in 27610; 2% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.