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 March 2023

Since last year, Ramseur has remained a Seller'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

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,000(+14.6%)

Key Takeaway

Homes in Ramseur have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in Ramseur was $235,000 in March 2024, up 14.6% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $27.5K-
N/A
2 $165K$235K
+42.4%
3 $212.7K$222.5K
+4.6%
4 $330K-
N/A
5+ $130K$495K
+280.8%

Summary: Ramseur housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 280.8%.

Median Sold Price Compared To Nearby Cities

Ramseur
+14.6%
Franklinville Township
+6.7%
Columbia Township
-9.8%

Housing Supply in Ramseur, NC

How many homes are available in Ramseur, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1816-11.1%

Summary: The Ramseur real estate market had 16 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 75
-28.6%
3 77
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Ramseur housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Ramseur in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Mar 2023Mar 2024CHANGE
124 Days113 Days-8.8%

Summary: Homes in Ramseur had an average of 113 days on market in Mar 2024, down by 8.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ramseur are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Ramseur; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 25 Days Ago

Newest Listings in Ramseur, NC

Nearby Markets to Ramseur, NC

What housing markets are near Ramseur, NC?