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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunns Rock Township is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Dunns Rock Township, NC

How much do homes in Dunns Rock Township, NC cost?

Median Sold Price

$575,000

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$65,000(+12.7%)

Key Takeaway

Homes in Dunns Rock Township have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Dunns Rock Township was $575,000 in February 2024, up 12.7% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $265K$230K
-13.2%
2 $355.1K$382K
+7.6%
3 $517.5K$607.5K
+17.4%
4 $685K$749.5K
+9.4%
5+ $818.5K$1.3M
+68.0%

Summary: Dunns Rock Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 68%.

Median Sold Price Compared To Nearby Cities

Brevard Township
+22.7%
Brevard
+22.2%
Little River Township
+16.9%
Dunns Rock Township
+12.7%
Catheys Creek Township
-7.0%

Housing Supply in Dunns Rock Township, NC

How many homes are available in Dunns Rock Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4544-2.2%

Summary: The Dunns Rock Township real estate market had 44 homes for sale in February 2024, a 2.2% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 128
-33.3%
3 2727
0.0%
4 46
+50.0%
5+ 12
+100.0%

Summary: The Dunns Rock 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunns Rock Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Dunns Rock Township in February 2024, down by 9.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% 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

Feb 2023Feb 2024CHANGE
40 Days57 Days+41.3%

Summary: Homes in Dunns Rock Township had an average of 57 days on market in Feb 2024, up by 41.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dunns Rock Township has remained consistent over time.

Summary: During February 2024, 10 homes were sold in Dunns Rock Township; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% 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 3 Days Ago

Newest Listings in Dunns Rock Township, NC

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