New - 23 hours on Rocket
$3,800 Closing Credit¹
#10075940, Dylan Jenkins, Angela Hanks, Listing Office: Fathom Realty NC, LLC
27511 Housing Market Report January 2025•Wake County, North Carolina
Housing Prices in 27511, NC
How much do homes in 27511, NC cost?
Housing Market Conditions
Is 27511, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
27511 is a Seller's Market
Difference Since January 2024
Since last year, 27511 has remained a Seller's Market.
Insight
27511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$515,500$267/SqFt
+$45,500
+9.7%
Based on all homes sold in the last 12 months
Insight
Homes in 27511 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 27511 was $515,500 in January 2025, up 9.7% from last year, and the median price per square foot was $267.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $255.3K | $245K | -4.0% |
| 22 Bedrooms | $322.5K | $322K | -0.2% |
| 33 Bedrooms | $445K | $455K | +2.2% |
| 44 Bedrooms | $561K | $650K | +15.9% |
| 55+ Bedrooms | $644.4K | $938.4K | +45.6% |
Summary: 27511 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.0%. The home price for 2 bedroom homes decreased by -0.2%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes increased by +15.9%. The home price for 5 bedroom homes increased by +45.6%.
Housing supply in 27511, NC
How many homes are available in 27511, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 83Last MonthJan 2025 | ||
| 752 months agoDec 2024 | +10.7 % Change MoMDec – Jan |
Summary: The 27511 real estate market had 83 homes for sale in Jan 2025, a 10.7 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthJan 2025 | ||
| 192 months agoDec 2024 | +5.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 17 | 15 | -11.8% |
| 33 Bedrooms | 18 | 23 | +27.8% |
| 44 Bedrooms | 36 | 39 | +8.3% |
| 55+ Bedrooms | 4 | 6 | +50.0% |
Summary: 27511 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -11.8%. The inventory for 3 bedroom homes increased by +27.8%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in 27511, NC cost?
Over Asking Price5 Homes
At Asking Price5 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in 27511, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 27511 in January 2025, up by 5.3% month-over-month. Of the 20 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.
Days on Market for 27511, NC
How long does it take to sell a home in 27511, NC?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days8 Homes
Over 90 Days1 Home
Insight
Many homes in 27511 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 20 homes were sold in 27511; 55% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 35 DaysThis YearJan 2025 | ||
| 36 Days1 year agoJan 2024 | -3.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 27511 had an average listing age of 35 days in Jan 2025, down by 3.0% compared to the previous year.
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Newest Listings in 27511, NC
What homes are available in 27511, NC?
New - 5 days on Rocket
$10,000 Closing Credit¹
#10075322, Annette Holt, Davis Holt, Listing Office: Compass -- Cary
New - 5 days on Rocket
$9,203 Closing Credit¹
#10075143, Lisa Galvin, Robin Donegan, Listing Office: Cross Town Realty, LLC
New - 6 days on Rocket
$7,719 Closing Credit¹
#10075008, Nicholas Huscroft, Listing Office: Chosen Real Estate Group
New - 6 days on Rocket
$5,343 Closing Credit¹
#10074978, Thomas Wohl, Listing Office: EXP Realty LLC
New - 6 days on Rocket
$5,641 Closing Credit¹
#10074956, Sarai Peotdi, Listing Office: Mark Spain Real Estate
New - 7 days on Rocket
$7,599 Closing Credit¹
#10074783, Alfie Potter, Listing Office: Berkshire Hathaway HomeService
$7,124 Closing Credit¹
#10074593, Matt Goss, Listing Office: Beazer Homes
$7,124 Closing Credit¹
#10074578, Matt Goss, Listing Office: Beazer Homes
$10,000 Closing Credit¹
#10074029, Johnny Chappell, Aleena Qureshi, Listing Office: Compass -- Raleigh
$7,124 Closing Credit¹
#10074024, Matt Goss, Listing Office: Beazer Homes
$3,563 Closing Credit¹
#10073756, Ines Grigore, Listing Office: Keller Williams Legacy
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, for the period 02/01/2023 - 02/01/2025
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: 2/12/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.