Is Dobson Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dobson Township is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Dobson Township has remained a Seller's Market.

Key Takeaway

Dobson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dobson Township, NC

How much do homes in Dobson Township, NC cost?

Median Sold Price

$252,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$24,000(+10.5%)

Key Takeaway

Homes in Dobson Township have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Dobson Township was $252,000 in February 2024, up 10.5% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $161.4K$170.2K
+5.5%
3 $231K$266K
+15.2%
4 $325K$346K
+6.5%
5+ $640K$513.6K
-19.7%

Summary: Dobson Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 19.7%.

Housing Supply in Dobson Township, NC

How many homes are available in Dobson Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1812-33.3%

Summary: The Dobson Township real estate market had 12 homes for sale in February 2024, a 33.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 106
-40.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Dobson Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dobson Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dobson Township in February 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Dobson Township, NC

How long does it take to sell a home in Dobson Township, NC?

Average Sale Time

Feb 2023Feb 2024CHANGE
99 Days64 Days-34.7%

Summary: Homes in Dobson Township had an average of 64 days on market in Feb 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dobson Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 3 homes were sold in Dobson Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Dobson Township, NC

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