27897 Housing Market Report February 2025•Northampton County, North Carolina

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Housing Prices in 27897, NC

How much do homes in 27897, NC cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$157,450$73/SqFt
+$7,450
+5.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 27897 has increased by 5% since last year.

Summary: The median home list price in 27897 was $157,450 in February 2025, up 5% from the previous year, and the median price per square foot was $73.

Median List Price By Zip Codes

Median List Price By Zip Codes
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
27820
+15.7%
27897
+5.0%
27855
+3.2%
27805
-29.5%
27869
-29.9%

Median List Price By Bedrooms

Median List 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.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2-$53K
N/A
3$145K$155K
+6.9%
4$167.5K$267K
+59.4%
5$175K$127.4K
-27.2%

Summary: 27897 housing price by bedroom type for February 2025, compared to the previous year. 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 increased by +6.9%. The home price for 4 bedroom homes increased by +59.4%. The home price for 5 bedroom homes decreased by -27.2%.

How does 27897, NC compare with other places?

Market comparison tool

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

27897, NC

Housing supply in 27897, NC

How many homes are available in 27897, 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
7Last MonthFeb 2025
52 months agoJan 2025
+40.0 %
Change MoMJan – Feb

Summary: The 27897 real estate market had 7 homes for sale in Feb 2025, a 40.0 % increase compared to Jan 2025.

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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
211
0.0%
334
+33.3%
412
+100.0%
500
0.0%

Summary: 27897 housing inventory by bedroom type for February 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 increased by +33.3%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 27897, 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 Price1 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in 27897, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 27897 in February 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for 27897, NC

How long does it take to sell a home in 27897, NC?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in 27897 has remained consistent over time.

Summary: During February 2025, 2 homes were sold in 27897; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
158 DaysThis YearFeb 2025
233 Days1 year agoFeb 2024
-32.1 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 27897 had an average listing age of 158 days in Feb 2025, down by 32.1% compared to the previous year.

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Newest Listings in 27897, NC

What homes are available in 27897, NC?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Hive MLS, for the period 03/01/2023 - 03/01/2025

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.