Is Rougemont, 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, Rougemont has remained a Seller's Market.
Key Takeaway
Rougemont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rougemont, NC
How much do homes in Rougemont, NC cost?
Median Sold Price
$365,250
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rougemont have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Rougemont was $365,250 in May 2024, down 0.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $213.5K | $450K | +110.8% |
| 3 Bedrooms | $355.5K | $350K | -1.5% |
| 4 Bedrooms | $615K | $555K | -9.8% |
| 5+ Bedrooms | $522.5K | - | N/A |
Summary: Rougemont housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 110.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Timberlake | $352.5K | $395K | +12.1% |
| Flat River Township | $343.9K | $368.7K | +7.2% |
| Bahama | $489K | $510K | +4.3% |
| Mount Tirzah Township | $350K | $347.5K | -0.7% |
| Rougemont | $368.5K | $365.2K | -0.9% |
Housing Supply in Rougemont, NC
How many homes are available in Rougemont, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Rougemont real estate market had 14 homes for sale in May 2024, a 17.6% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rougemont 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 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rougemont, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Rougemont in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Rougemont, NC
How long does it take to sell a home in Rougemont, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 17 Days | -57.4% |
Summary: Homes in Rougemont had an average of 17 days on market in May 2024, down by 57.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rougemont are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Rougemont; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.