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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockfish Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Rockfish Township, NC

How much do homes in Rockfish Township, NC cost?

Median Sold Price

$250,487

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$15,487(+6.6%)

Key Takeaway

Homes in Rockfish Township have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Rockfish Township was $250,487 in May 2024, up 6.6% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $135K$140K
+3.7%
3 $200K$223K
+11.5%
4 $302.5K$311.1K
+2.9%
5+ $405.2K$413K
+1.9%

Summary: Rockfish Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Grays Creek Township
+11.2%
Pearces Mill Township
+10.5%
Rockfish Township
+6.6%
Parkton Township
+5.6%
Hope Mills
+5.2%

Housing Supply in Rockfish Township, NC

How many homes are available in Rockfish Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
313303-3.2%

Summary: The Rockfish Township real estate market had 303 homes for sale in May 2024, a 3.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1714
-17.6%
3 177162
-8.5%
4 98111
+13.3%
5+ 2116
-23.8%

Summary: The Rockfish Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 23.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
9881-17.3%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockfish Township, expect to pay close to the asking price. 39.5% of homes here sold near the asking price last month.

Summary: A total of 81 homes were sold or pending in Rockfish Township in May 2024, down by 17.3% month-over-month. Of the 81 sold homes, 38% were sold under asking, 40% were sold at asking, and 22% were sold over asking.

Days on Market for Rockfish Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
62 Days21 Days-65.3%

Summary: Homes in Rockfish Township had an average of 21 days on market in May 2024, down by 65.3% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 81 homes were sold in Rockfish Township; 80% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 9% 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 18 Days Ago

Newest Listings in Rockfish Township, NC

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