Is Ramseur, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ramseur is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Ramseur was a Buyer's Market.

Key Takeaway

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

Housing Prices in Ramseur, NC

How much do homes in Ramseur, NC cost?

Median Sold Price

$235,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$32,000(+15.8%)

Key Takeaway

Homes in Ramseur have sold for 15.8% more than they did a year ago.

Summary: The median home sold price in Ramseur was $235,000 in September 2024, up 15.8% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$225K
N/A
2 $169.9K$193.2K
+13.7%
3 $203K$280K
+37.9%
4 $241K-
N/A
5+ -$495K
N/A

Summary: Ramseur 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 increased by 13.7%, 3 bedroom homes increased by 37.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Franklinville Township
+17.0%
Ramseur
+15.8%
Columbia Township
+7.3%

Housing Supply in Ramseur, NC

How many homes are available in Ramseur, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1510-33.3%

Summary: The Ramseur real estate market had 10 homes for sale in September 2024, a 33.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 95
-44.4%
4 22
0.0%
5+ 00
0.0%

Summary: The Ramseur 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 25%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ramseur, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Ramseur in September 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Ramseur, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
51 Days9 Days-82.4%

Summary: Homes in Ramseur had an average of 9 days on market in Sep 2024, down by 82.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Ramseur; 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.

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

Report Updated Sep 1, 2024

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