Is Rock Creek Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Rock Creek Township was a Seller's Market.
Housing Prices in Rock Creek Township, NC
How much do homes in Rock Creek Township, NC cost?
Median Sold Price
$315,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Rock Creek Township was $315,000 in February 2024, down 0.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $96K | N/A |
2 Bedrooms | $217.2K | $205K | -5.6% |
3 Bedrooms | $287.2K | $299K | +4.1% |
4 Bedrooms | $384.9K | $377.5K | -1.9% |
5+ Bedrooms | $467.4K | $447.5K | -4.3% |
Summary: Rock Creek Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
Whitsett | $309.4K | $324.6K | +4.9% |
Burlington | $255.9K | $264.3K | +3.3% |
Rock Creek Township | $315.3K | $315K | -0.1% |
Gibsonville | $310K | $295K | -4.8% |
Housing Supply in Rock Creek Township, NC
How many homes are available in Rock Creek Township, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
130 | 132 | +1.5% |
Summary: The Rock Creek Township real estate market had 132 homes for sale in February 2024, a 1.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 35 | 38 | +8.6% |
4 Bedrooms | 62 | 65 | +4.8% |
5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Rock Creek 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 11.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Rock Creek Township in February 2024, up by 6.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.
Days on Market for Rock Creek Township, NC
How long does it take to sell a home in Rock Creek Township, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
69 Days | 57 Days | -16.9% |
Summary: Homes in Rock Creek Township had an average of 57 days on market in Feb 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 17 homes were sold in Rock Creek Township; 41% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.