Is 27713, 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, 27713 has remained a Seller's Market.
Key Takeaway
27713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27713, NC
How much do homes in 27713, NC cost?
Median Sold Price
$434,725
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 27713 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 27713 was $434,725 in April 2024, up 3.2% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $187.9K | +16.0% |
| 2 Bedrooms | $300K | $300K | 0.0% |
| 3 Bedrooms | $400K | $413.8K | +3.5% |
| 4 Bedrooms | $540K | $540K | 0.0% |
| 5+ Bedrooms | $763.5K | $767.5K | 0.5% |
Summary: 27713 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 27713, NC
How many homes are available in 27713, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 176 | 171 | -2.8% |
Summary: The 27713 real estate market had 171 homes for sale in April 2024, a 2.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 97 | 98 | +1.0% |
| 4 Bedrooms | 42 | 37 | -11.9% |
| 5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The 27713 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 64 | 67 | +4.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27713, you could pay more than the asking price. 62.7% of homes here sold above asking price last month.
Summary: A total of 67 homes were sold or pending in 27713 in April 2024, up by 4.7% month-over-month. Of the 67 sold homes, 22% were sold under asking, 15% were sold at asking, and 63% were sold over asking.
Days on Market for 27713, NC
How long does it take to sell a home in 27713, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 25 Days | -62.8% |
Summary: Homes in 27713 had an average of 25 days on market in Apr 2024, down by 62.8% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 27713 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 67 homes were sold in 27713; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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