Stay informed with Rocket and Redfin

Understand your market like never before.

27508 Housing Market Report July 2025•Franklin County, North Carolina

hero building illustration for mobile

Housing Prices in 27508, NC

How much do homes in 27508, NC cost?

Housing Market Conditions

Is 27508, 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

27508 is a Seller's Market

Difference Since June 2025

Last month, 27508 has remained a Seller's Market.

Insight

27508 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$225,000$217/SqFt
-$90,000
-28.6%

Based on all homes sold in July 2025

Insight

Homes in 27508 have sold for 28.6% less than they did a month ago.

Summary: The median home sold price in 27508 was $225,000 in July 2025, down 28.6% from last month, and the median price per square foot was $217.

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.
BedsJun 2025Jul 2025Change MoM
1--
N/A
2--
N/A
3$315K$225K
-28.6%
4--
N/A
5--
N/A

Summary: 27508 housing price by bedroom type for July 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -28.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 27508, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

27508, NC

Housing supply in 27508, NC

How many homes are available in 27508, 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
1Last MonthJul 2025
22 months agoJun 2025
-50.0 %
Change MoMJun – Jul

Summary: The 27508 real estate market had 1 homes for sale in Jul 2025, a 50.0 % decrease compared to Jun 2025.

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
1Last MonthJul 2025
12 months agoJun 2025
0.0 %
Change MoMJun – Jul

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.
BedsJun 2025Jul 2025Change MoM
100
0.0%
200
0.0%
321
-50.0%
400
0.0%
500
0.0%

Summary: 27508 housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 27508, 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 Price0 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in 27508, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 27508 in July 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for 27508, NC

How long does it take to sell a home in 27508, NC?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 27508 are selling fast, if you're buying plan to act quickly.

Summary: During July 2025, 1 homes were sold in 27508; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.
Last Month1 month agoChange MoM
10 DaysLast MonthJul 2025
25 Days1 month agoJun 2025
-60.0 %
Change MoMJun – Jul

Summary: Homes in 27508 had an average listing age of 10 days in Jul 2025, down by 60.0% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 27508, NC

What homes are available in 27508, NC?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in North Carolina

MLS Disclaimers and Copyright

Based on information from Doorify MLS, for the period 06/01/2025 - 08/01/2025

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:10:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.