27615, NC Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Can I sell my house without a realtor in North Carolina? ›

Yes, you can! Just sell your house by owner in North Carolina, like 10% of all home sellers. FSBO saves you more than just money—it saves you time too. 77% of FSBO homes sold within 2 weeks compared to the 4-12 weeks with an agent.

The North Carolina housing market is somewhat competitive. The median home sales price in May 2024 has increased in the past 3 months to $384,500. That's up 3.6% and $13,400 higher than May 2023 of last year. That is higher than the national median home sales price of $439,716.

Researchers from Florida Atlantic University released a list of the top 100 most overpriced and under-priced cities in the U.S. Of the most expensive metros, five in North Carolina ranked among the top overpriced areas: Charlotte, Durham, Winston-Salem, Greensboro and Raleigh.

When a property is pending, it means the seller accepted a buyer's offer, and both parties agreed to a contract and met their shared requirements. A pending home is in the final stages of escrow and the closing process, which involves transferring property ownership, completing the purchase and signing final documents.

Both buyers and sellers pay some portion of closing costs, in North Carolina and every state. Sellers typically shoulder a larger financial burden, since they usually pay the real estate agents' commissions.

Yes. North Carolina is one of many states that requires a real estate attorney to manage a real estate closing. Their main role is to make sure all the documentation is in order before the deal is finalized, but it's smart to hire one earlier in the process.

March to June are the best months to buy a house in North Carolina. During these months, low competition and competitive prices can get you a good deal on your future home.

Existing home vs. cost to build a house in North Carolina. In most states, buying an existing home is cheaper than building a home. In North Carolina, however, a 2,100-square-foot spec costs roughly $297,062, while the median sale price (as of October 2023) of an existing home amounts to $313,083.

After more than a year of Atlanta dominating the list of most overvalued housing markets, Detroit is now the most overpriced market in the United States, according to researchers at Florida Atlantic University and Florida International University.

Raleigh Housing Market Trends

In June 2024, Raleigh home prices were up 6.9% compared to last year, selling for a median price of $450K. On average, homes in Raleigh sell after 16 days on the market compared to 36 days last year. There were 544 homes sold in June this year, up from 512 last year.

Is Raleigh NC a buyers market? ›

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

How long a home is listed as pending depends on the buyer and the seller, and there are no hard and fast rules. But on average, homes are listed as pending for 30 – 60 days. If the buyer is paying in cash, they may close on the house much sooner.

The difference is that contingent listings still need to meet one or more specific conditions before moving forward. With pending deals, conditions have been met, and both parties are planning to move forward to closing. As a buyer, you may be able to make a backup offer on a listing that's under contract.

The Bottom Line. While you can make an offer on a pending home, consider whether it's worth your time. A backup offer on a pending home rarely turns into a sale. That's why it's best to focus on homes that haven't attracted offers.

Any person or business entity who engages in brokerage must have a real estate license.

Not having a listing agent means not having to pay a listing agent's commission. But even so, you may still have to pay your buyer's agent's fee. The state of South Carolina requires an attorney to oversee real estate closings, and the attorney must be present in person.