Is 27927, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 27927 was a Neutral Market.
Key Takeaway
27927 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 27927, NC
How much do homes in 27927, NC cost?
Median Sold Price
$980,000
$433/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 27927 have sold for 8.6% more than they did a month ago.
Summary: The median home sold price in 27927 was $980,000 in April 2024, up 8.6% from last month, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $755K | $980K | +29.8% |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: 27927 housing prices by bedroom type for April 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 did not change, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 27949 | $479K | $799K | +66.8% |
| 27927 | $902K | $980K | +8.6% |
Housing Supply in 27927, NC
How many homes are available in 27927, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The 27927 real estate market had 9 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 27927 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 27927, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 27927 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 27927, NC
How long does it take to sell a home in 27927, NC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 Days | 38 Days | -47.9% |
Summary: Homes in 27927 had an average of 38 days on market in Apr 2024, down by 47.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 27927 has remained consistent over time.
Summary: During April 2024, 1 homes were sold in 27927; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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