Is New Hill, NC 27562 a buyer’s or seller’s market?
New Hill is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply6Under 4 months = seller’s market
Sold above original list15.4%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$238▼ −1.8% vs. last year
Run the numbers for 27562
Nearby markets
Apex 27523Seller’s market $252 /sq ftBear Creek 27207Seller’s market $200 /sq ftBennett 27208Buyer’s market $226 /sq ftChapel Hill 27517Balanced $284 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology