Is Dunns Rock Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Dunns Rock Township was a Seller's Market.
Housing Prices in Dunns Rock Township, NC
How much do homes in Dunns Rock Township, NC cost?
Median Sold Price
$571,060
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dunns Rock Township was $571,060 in May 2024, up 9.1% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $230K | N/A |
2 Bedrooms | $345K | $394.5K | +14.3% |
3 Bedrooms | $527K | $605K | +14.8% |
4 Bedrooms | $670K | $875.5K | +30.7% |
5+ Bedrooms | $730K | $1.2M | +64.4% |
Summary: Dunns Rock Township 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 14.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes increased by 64.4%.
Median Sold Price Compared To Nearby Cities
Little River Township | $420K | $513K | +22.1% |
Brevard Township | $410K | $498.5K | +21.6% |
Brevard | $422.5K | $500.5K | +18.5% |
Dunns Rock Township | $523.5K | $571K | +9.1% |
Catheys Creek Township | $381K | $414.5K | +8.8% |
Housing Supply in Dunns Rock Township, NC
How many homes are available in Dunns Rock Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 62 | +6.9% |
Summary: The Dunns Rock Township real estate market had 62 homes for sale in May 2024, a 6.9% 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 | 13 | 14 | +7.7% |
3 Bedrooms | 30 | 32 | +6.7% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Dunns Rock 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 increased by 7.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 6 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Dunns Rock Township in May 2024, down by 60.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Dunns Rock Township, NC
How long does it take to sell a home in Dunns Rock Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 4 Days | -88.8% |
Summary: Homes in Dunns Rock Township had an average of 4 days on market in May 2024, down by 88.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Dunns Rock Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.