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 February 2023
Since last year, Dunns Rock Township has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $230K | -13.2% |
2 Bedrooms | $355.1K | $382K | +7.6% |
3 Bedrooms | $517.5K | $607.5K | +17.4% |
4 Bedrooms | $685K | $749.5K | +9.4% |
5+ Bedrooms | $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 | $400K | $490.9K | +22.7% |
Brevard | $400.5K | $489.5K | +22.2% |
Little River Township | $427K | $499K | +16.9% |
Dunns Rock Township | $510K | $575K | +12.7% |
Catheys Creek Township | $440K | $409K | -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 2024 | Feb 2024 | CHANGE |
---|---|---|
45 | 44 | -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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 8 | -33.3% |
3 Bedrooms | 27 | 27 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 1 | 2 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 10 | -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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
40 Days | 57 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
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.