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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Creek Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

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

Median Sold Price

$305,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$55,000(+22.0%)

Key Takeaway

Homes in Rock Creek Township have sold for 22% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $36.2K-
N/A
2 $151K$213.5K
+41.4%
3 $210K$267.5K
+27.4%
4 $315K$395K
+25.4%
5+ $330K$437K
+32.4%

Median Sold Price Compared To Nearby Cities

Burlington
+25.9%
Rock Creek Township
+22.0%
Gibsonville
+19.1%

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

Number of Homes For Sale

Oct 2022Nov 2022%
1021020.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 2121
0.0%
3 4540
-11.1%
4 2729
+7.4%
5+ 912
+33.3%

Number of Homes Sold

Oct 2022Nov 2022%
2625-3.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Creek Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
7 Days23 Days+196.5%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Rock Creek Township, NC

Rock Creek Township, NC has 102 homes for sale to choose from. The median list price of listings available in November 2022 was $305,000, while the average time on the real estate market was 23 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 41.4%, the cost of 3 bedrooms properties went up by 27.4%, prices of 4 bedrooms properties increased by 25.4%, prices of 5 bedrooms properties went up by 32.4%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 11.1% less available, the quantity of 4 bedrooms homes went up by 7.4%, volume of 5 bedrooms homes went up by 33.3%. While more than 3 listings in Rock Creek Township, NC in November 2022 were sold above asking price, there were more than 15 listings sold at asking price, and more than 7 were sold below.

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