Is Dortches, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Dortches was a Buyer's Market.
Key Takeaway
Dortches is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dortches, NC
How much do homes in Dortches, NC cost?
Median Sold Price
$391,125
$154/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Dortches have sold for 0.7% more than they did a month ago.
Summary: The median home sold price in Dortches was $391,125 in May 2024, up 0.7% from last month, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $480K | N/A |
| 4 Bedrooms | $388.5K | $386.6K | -0.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Dortches housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dortches | $388.5K | $391.1K | +0.7% |
| Red Oak Township | $388.5K | $391.1K | +0.7% |
| Red Oak | $382.2K | $317.4K | -17.0% |
Housing Supply in Dortches, NC
How many homes are available in Dortches, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Dortches real estate market had 20 homes for sale in May 2024, a 11.1% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Dortches 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dortches, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Dortches in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 83% were sold at asking, and 0% were sold over asking.
Days on Market for Dortches, NC
How long does it take to sell a home in Dortches, NC?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 105 Days | +145.0% |
Summary: Homes in Dortches had an average of 105 days on market in May 2024, up by 145% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dortches has remained consistent over time.
Summary: During May 2024, 6 homes were sold in Dortches; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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