27215 Housing Market Report January 2025•Alamance County, North Carolina

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Housing Prices in 27215, NC

How much do homes in 27215, NC cost?

Housing Market Conditions

Is 27215, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

27215 is a Neutral Market

Difference Since January 2024

At the same time last year, 27215 was a Seller's Market.

Insight

27215 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$314,990$176/SqFt
+$14,990
+5.0%

Based on all homes sold in the last 12 months

Insight

Homes in 27215 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 27215 was $314,990 in January 2025, up 5% from last year, and the median price per square foot was $176.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
27215
+5.0%
27253
+3.8%
27377
+1.8%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$75K$177K
+136.0%
2$170K$177K
+4.1%
3$290K$302.5K
+4.3%
4$370K$395.5K
+6.9%
5$480.5K$520K
+8.2%

Summary: 27215 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +136.0%. The home price for 2 bedroom homes increased by +4.1%. The home price for 3 bedroom homes increased by +4.3%. The home price for 4 bedroom homes increased by +6.9%. The home price for 5 bedroom homes increased by +8.2%.

Housing supply in 27215, NC

How many homes are available in 27215, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
232Last MonthJan 2025
2292 months agoDec 2024
+1.3 %
Change MoMDec – Jan

Summary: The 27215 real estate market had 232 homes for sale in Jan 2025, a 1.3 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
34Last MonthJan 2025
482 months agoDec 2024
-29.2 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
101
+100.0%
24952
+6.1%
3102101
-1.0%
45154
+5.9%
52724
-11.1%

Summary: 27215 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +6.1%. The inventory for 3 bedroom homes decreased by -1.0%. The inventory for 4 bedroom homes increased by +5.9%. The inventory for 5 bedroom homes decreased by -11.1%.

Asking Price vs. Sold Price

How much do homes in 27215, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price14 Homes

Under Asking Price15 Homes

Insight

If you're buying a home in 27215, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 27215 in January 2025, down by 29.2% month-over-month. Of the 34 sold homes, 44% were sold under asking, 41% were sold at asking, and and 15% were sold over asking.

Days on Market for 27215, NC

How long does it take to sell a home in 27215, NC?

Breakdown of Home Sale Times

Under 30 Days16 Homes

30 – 90 Days15 Homes

Over 90 Days3 Homes

Insight

Many homes in 27215 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 34 homes were sold in 27215; 47% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
37 DaysThis YearJan 2025
77 Days1 year agoJan 2024
-51.7 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 27215 had an average listing age of 37 days in Jan 2025, down by 51.7% compared to the previous year.

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Newest Listings in 27215, NC

What homes are available in 27215, NC?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Triad MLS Inc, Doorify MLS, Canopy MLS, and Alamance MLS for the period 02/01/2023 - 02/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/4/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Alamance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Information deemed reliable but not guaranteed. Copyright 2025 Alamance Multiple Listing Service Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.