Is 27921, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 27921 is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, 27921 has remained a Buyer's Market.

Key Takeaway

27921 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 27921, NC

How much do homes in 27921, NC cost?

Median Sold Price

$389,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$34,000(+9.6%)

Key Takeaway

Homes in 27921 have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in 27921 was $389,000 in March 2024, up 9.6% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$70.2K
N/A
2 -$200K
N/A
3 $327.8K$374.5K
+14.2%
4 $330K$432.5K
+31.1%
5+ $464.9K$495K
+6.5%

Summary: 27921 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 did not change, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

27958
+14.6%
27909
+9.9%
27921
+9.6%

Housing Supply in 27921, NC

How many homes are available in 27921, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2728+3.7%

Summary: The 27921 real estate market had 28 homes for sale in March 2024, a 3.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 20
-100.0%
2 12
+100.0%
3 1617
+6.3%
4 78
+14.3%
5+ 11
0.0%

Summary: The 27921 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 27921, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 27921 in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 27921, NC

How long does it take to sell a home in 27921, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
18 Days131 Days+627.8%

Summary: Homes in 27921 had an average of 131 days on market in Mar 2024, up by 627.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 27921 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in 27921; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 26 Days Ago

Newest Listings in 27921, NC

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