Is 27925, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 27925 has remained a Seller's Market.
Key Takeaway
27925 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 27925, NC
How much do homes in 27925, NC cost?
Median Sold Price
$341,072
$192/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 27925 have sold for 210.1% more than they did a month ago.
Summary: The median home sold price in 27925 was $341,072 in March 2024, up 210.1% from last month, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | - | N/A |
| 3 Bedrooms | $95K | $327.1K | +244.4% |
| 4 Bedrooms | - | $355K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 27925 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 244.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 27925, NC
How many homes are available in 27925, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The 27925 real estate market had 9 homes for sale in March 2024, a 18.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 27925 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27925, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 27925 in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27925, NC
How long does it take to sell a home in 27925, NC?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 79 Days | 50 Days | -36.1% |
Summary: Homes in 27925 had an average of 50 days on market in Mar 2024, down by 36.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 27925 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 27925; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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