Boyd Higgs, Listing Office: North Star Realty
27288 Housing Market Report December 2024•Rockingham County, North Carolina
Housing Prices in 27288, NC
How much do homes in 27288, NC cost?
Housing Market Conditions
Is 27288, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
27288 is a Buyer's Market
Difference Since December 2023
At the same time last year, 27288 was a Seller's Market.
27288 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in 27288 has remained the same since last year.
Summary: The median home sold price in 27288 was $165,000 in December 2024, the same as last year, and the median price per square foot was $133.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
27048 | $240K | $289K | +20.4% |
27320 | $224.4K | $247.6K | +10.3% |
27288 | $165K | $165K | 0.0% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $50K | $48.5K | -3.0% |
22 Bedrooms | $115K | $130.5K | +13.5% |
33 Bedrooms | $175K | $189.5K | +8.3% |
44 Bedrooms | $237.7K | $270.5K | +13.8% |
55+ Bedrooms | $345K | $365K | +5.8% |
Summary: 27288 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -3.0%. The home price for 2 bedroom homes increased by +13.5%. The home price for 3 bedroom homes increased by +8.3%. The home price for 4 bedroom homes increased by +13.8%. The home price for 5 bedroom homes increased by +5.8%.
Housing supply in 27288, NC
How many homes are available in 27288, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
138Last MonthDec 2024 | ||
1352 months agoNov 2024 | +2.2 % Change MoMNov – Dec |
Summary: The 27288 real estate market had 138 homes for sale in Dec 2024, a 2.2 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
15Last MonthDec 2024 | ||
222 months agoNov 2024 | -31.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 5 | +25.0% |
22 Bedrooms | 34 | 38 | +11.8% |
33 Bedrooms | 84 | 77 | -8.3% |
44 Bedrooms | 12 | 17 | +41.7% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 27288 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +11.8%. The inventory for 3 bedroom homes decreased by -8.3%. The inventory for 4 bedroom homes increased by +41.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 27288, NC cost?
Over Asking Price4 Homes
At Asking Price3 Homes
Under Asking Price8 Homes
If you're buying a home in 27288, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 27288 in December 2024, down by 31.8% month-over-month. Of the 15 sold homes, 53% were sold under asking, 20% were sold at asking, and and 27% were sold over asking.
Days on Market for 27288, NC
How long does it take to sell a home in 27288, NC?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days7 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in 27288 has remained consistent over time.
Summary: During December 2024, 15 homes were sold in 27288; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
46 DaysThis YearDec 2024 | ||
39 Days1 year agoDec 2023 | +18.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 27288 had an average listing age of 46 days in Dec 2024, up by 18.7% compared to the previous year.
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Newest Listings in 27288, NC
What homes are available in 27288, NC?
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Based on information from Triad MLS Inc, Doorify MLS, and Canopy MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/27/2025, 8:20:47 PM 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: 1/27/2025, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 1/27/2025, 8:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.