27040 Home Values & Market Trends

There are 25 homes currently listed for 27040. 27040 real estate market trends show that home prices range from $149,900 to $875,000, and the median sales price in the 27040 zip code is $310,134.17. The total number of properties sold within the past twelve months is 264. In 27040, 7 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.

27040 Real Estate Market Overview

CityMedian Est. Value
Pfafftown

$ 323,228

$ 142/sqft

Housing Market Summary for 27040

Apr 2023March 2024Change
Median Listing Price$299.9K$299.9K-
Median Sold Price$303.5K$299.9K-1.18%
Homes For Sale172229.41%
Homes Sold144110-23.61%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 27040

The median list price of a home in Pfafftown, is $310,134.17. A total of 25 properties are for sale, and the percentage of properties for sale in the zip code is 25.00%. The total count of 27040 properties is 5,222.

Foreclosure
There is 1 cities within 27040; within this cities, the median estimated home value for homes in foreclosure ranges from $356,500 in pfafftown to the lowest value of $69,900 in pfafftown. Foreclosure homes account for 0.00% of properties in 27040 with pfafftown containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in 27040 with pfafftown containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27040; of that cities, the estimated home value for pre-foreclosure homes ranges from $356,500 in pfafftown to the lowest home value of $307,329 in pfafftown.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 27040 ranges from the highest value of $285,921 in pfafftown to the lowest value of $69,900 in pfafftown. Bank owned homes and properties account for 0.04% of properties in 27040. There is 1 cities within 27040; pfafftown containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    pfafftown has 2 auction properties, the highest number of properties going to auction in a single city in the state of 27040. Auction homes and other auction properties account for 0.04% of all properties in 27040. There is 1 cities within 27040; of that cities, the median estimated home value for homes going to auction ranges from $315,392 in pfafftown to the lowest value of $137,428 in pfafftown.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in 27040 with pfafftown containing 25 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 27040; homes for sale in that cities, have a range of median values from $691,656 in pfafftown to the lowest value of $149,762 in pfafftown.
    Sold Homes
    The median value for recently sold homes ranges from $827,976 in pfafftown to the lowest price of $41,347 in pfafftown. There is 1 cities within 27040. pfafftown has 121 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.32% of properties in 27040.

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      Guide for 27040

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.