Is 27613, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 27613 has remained a Seller's Market.
Key Takeaway
27613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27613, NC
How much do homes in 27613, NC cost?
Median Sold Price
$533,225
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 27613 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 27613 was $533,225 in April 2024, up 2.6% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $212.5K | -46.9% |
| 2 Bedrooms | $321K | $310K | -3.4% |
| 3 Bedrooms | $439K | $445K | +1.4% |
| 4 Bedrooms | $657.7K | $725K | +10.2% |
| 5+ Bedrooms | $932.3K | $835K | -10.4% |
Summary: 27613 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.9%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 10.4%.
Housing Supply in 27613, NC
How many homes are available in 27613, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 130 | 158 | +21.5% |
Summary: The 27613 real estate market had 158 homes for sale in April 2024, a 21.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 41 | 51 | +24.4% |
| 4 Bedrooms | 58 | 78 | +34.5% |
| 5+ Bedrooms | 22 | 16 | -27.3% |
Summary: The 27613 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 44 | +25.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27613, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.
Summary: A total of 44 homes were sold or pending in 27613 in April 2024, up by 25.7% month-over-month. Of the 44 sold homes, 23% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market for 27613, NC
How long does it take to sell a home in 27613, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 66 Days | 12 Days | -80.8% |
Summary: Homes in 27613 had an average of 12 days on market in Apr 2024, down by 80.8% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27613 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 44 homes were sold in 27613; 93% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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