Is 27801, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 27801 has remained a Buyer's Market.
Housing Prices in 27801, NC
How much do homes in 27801, NC cost?
Median Sold Price
$139,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 27801 was $139,000 in March 2024, up 18% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $62.5K | $73.5K | +17.6% |
3 Bedrooms | $130K | $150K | +15.4% |
4 Bedrooms | $309.8K | $252.5K | -18.5% |
5+ Bedrooms | $175K | $181K | +3.4% |
Summary: 27801 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 17.6%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in 27801, NC
How many homes are available in 27801, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
72 | 73 | +1.4% |
Summary: The 27801 real estate market had 73 homes for sale in March 2024, a 1.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 37 | 40 | +8.1% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 27801 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 8.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 27801 in March 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 27801, NC
How long does it take to sell a home in 27801, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
100 Days | 58 Days | -41.3% |
Summary: Homes in 27801 had an average of 58 days on market in Mar 2024, down by 41.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 27801; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.