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 May 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
$331,310
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rock Creek Township was $331,310 in May 2024, up 3.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96K | $62.5K | -34.9% |
2 Bedrooms | $223.5K | $218.5K | -2.2% |
3 Bedrooms | $295K | $300K | +1.7% |
4 Bedrooms | $382.7K | $377.5K | -1.4% |
5+ Bedrooms | $490K | $379.2K | -22.6% |
Summary: Rock Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.9%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 22.6%.
Median Sold Price Compared To Nearby Cities
Gibsonville | $294.5K | $321K | +9.0% |
Rock Creek Township | $319K | $331.3K | +3.9% |
Whitsett | $324.9K | $326K | 0.3% |
Burlington | $270K | $264.9K | -1.9% |
Housing Supply in Rock Creek Township, NC
How many homes are available in Rock Creek Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
155 | 144 | -7.1% |
Summary: The Rock Creek Township real estate market had 144 homes for sale in May 2024, a 7.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 13 | -31.6% |
3 Bedrooms | 34 | 39 | +14.7% |
4 Bedrooms | 89 | 81 | -9.0% |
5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The Rock Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.6%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 41 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Rock Creek Township in May 2024, the same as the previous month. Of the 41 sold homes, 32% were sold under asking, 54% were sold at asking, and 15% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 64 Days | -1.5% |
Summary: Homes in Rock Creek Township had an average of 64 days on market in May 2024, down by 1.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Rock Creek Township; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.