$399,000
9.91 Acres
Land
Mark Rowe, Listing Office: Youngsville Realty Inc.
Is Cedar Rock Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Cedar Rock Township has remained a Seller's Market.
Key Takeaway
Cedar Rock Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedar Rock Township, NC
How much do homes in Cedar Rock Township, NC cost?
Median Sold Price
$157,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$82,000(-34.2%)
Key Takeaway
Homes in Cedar Rock Township have sold for 34.2% less than they did a year ago.
Summary: The median home sold price in Cedar Rock Township was $157,500 in September 2024, down 34.2% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $232.5K | $115K | -50.5% |
| 3 Bedrooms | $229K | $200K | -12.7% |
| 4 Bedrooms | $460K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cedar Rock Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 50.5%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Louisburg Township | $321.1K | $346.8K | +8.0% |
| Cedar Rock Township | $239.5K | $157.5K | -34.2% |
Housing Supply in Cedar Rock Township, NC
How many homes are available in Cedar Rock Township, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Cedar Rock Township real estate market had 4 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cedar Rock Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Rock Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Cedar Rock Township in September 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Cedar Rock Township, NC
How long does it take to sell a home in Cedar Rock Township, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 81 Days | 10 Days | -87.7% |
Summary: Homes in Cedar Rock Township had an average of 10 days on market in Sep 2024, down by 87.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedar Rock Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Cedar Rock Township; 100% 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.
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