Is 27808, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27808 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 27808 was a Neutral Market.

Key Takeaway

27808 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27808, NC

How much do homes in 27808, NC cost?

Median Sold Price

$472,500

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$118,000(+33.3%)

Key Takeaway

Homes in 27808 have sold for 33.3% more than they did a year ago.

Summary: The median home sold price in 27808 was $472,500 in April 2024, up 33.3% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$115K
N/A
2 $281.5K$115K
-59.1%
3 $387K$495K
+27.9%
4 $409.5K$500K
+22.1%
5+ -$950K
N/A

Summary: 27808 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.1%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

27808
+33.3%
27889
+13.0%
27810
-4.0%

Housing Supply in 27808, NC

How many homes are available in 27808, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
12120.0%

Summary: The 27808 real estate market had 12 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 88
0.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The 27808 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27808, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 27808 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 27808, NC

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 27808 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 27808; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 27808, NC

Nearby Markets to 27808, NC