Is Rock Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rock Creek Township has remained a Seller's Market.
Housing Prices in Rock Creek Township, NC
How much do homes in Rock Creek Township, NC cost?
Median Sold Price
$325,990
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rock Creek Township was $325,990 in April 2024, up 2.1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96K | $62.5K | -34.9% |
2 Bedrooms | $225K | $215.5K | -4.2% |
3 Bedrooms | $294.5K | $300K | +1.9% |
4 Bedrooms | $380K | $385K | +1.3% |
5+ Bedrooms | $480.4K | $405K | -15.7% |
Summary: Rock Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.9%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
Gibsonville | $300K | $315K | +5.0% |
Rock Creek Township | $319.4K | $325.9K | +2.1% |
Whitsett | $325K | $325K | 0% |
Burlington | $270.5K | $264.5K | -2.2% |
Housing Supply in Rock Creek Township, NC
How many homes are available in Rock Creek Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
144 | 150 | +4.2% |
Summary: The Rock Creek Township real estate market had 150 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 21 | 19 | -9.5% |
3 Bedrooms | 33 | 32 | -3.0% |
4 Bedrooms | 74 | 85 | +14.9% |
5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Rock Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 42 | +55.6% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Rock Creek Township in April 2024, up by 55.6% month-over-month. Of the 42 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Rock Creek Township, NC
How long does it take to sell a home in Rock Creek Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 66 Days | +2.6% |
Summary: Homes in Rock Creek Township had an average of 66 days on market in Apr 2024, up by 2.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Rock Creek Township; 40% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.