Is 27944, 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, 27944 has remained a Buyer's Market.
Housing Prices in 27944, NC
How much do homes in 27944, NC cost?
Median Sold Price
$374,500
$182/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 27944 was $374,500 in March 2024, up 11.5% from last month, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $130K | $120K | -7.7% |
3 Bedrooms | $354.9K | $385K | +8.5% |
4 Bedrooms | $263K | $215K | -18.3% |
5+ Bedrooms | $651.9K | - | N/A |
Summary: 27944 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 decreased by 7.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
27932 | $186.5K | $275K | +47.5% |
27944 | $336K | $374.5K | +11.5% |
Housing Supply in 27944, NC
How many homes are available in 27944, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 100 | +14.9% |
Summary: The 27944 real estate market had 100 homes for sale in March 2024, a 14.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 54 | 61 | +13.0% |
4 Bedrooms | 22 | 26 | +18.2% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 27944 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 increased by 50%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 27944 in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 27944, NC
How long does it take to sell a home in 27944, NC?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
107 Days | 84 Days | -21.3% |
Summary: Homes in 27944 had an average of 84 days on market in Mar 2024, down by 21.3% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 27944; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.