Is Rockfish Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$251,811
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Rockfish Township have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Rockfish Township was $251,811 in March 2024, up 9.5% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133.5K | $141K | +5.6% |
| 3 Bedrooms | $195K | $222.2K | +14.0% |
| 4 Bedrooms | $302.8K | $306.4K | +1.2% |
| 5+ Bedrooms | $377.5K | $400K | +6.0% |
Summary: Rockfish Township 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 5.6%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Pearces Mill Township | $181.5K | $205K | +12.9% |
| Rockfish Township | $229.9K | $251.8K | +9.5% |
| Hope Mills | $243.3K | $266K | +9.3% |
| Parkton Township | $255K | $260K | +2.0% |
| Grays Creek Township | $349.9K | $352.5K | +0.7% |
Housing Supply in Rockfish Township, NC
How many homes are available in Rockfish Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 284 | 281 | -1.1% |
Summary: The Rockfish Township real estate market had 281 homes for sale in March 2024, a 1.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 9 | +125.0% |
| 3 Bedrooms | 153 | 152 | -0.7% |
| 4 Bedrooms | 104 | 98 | -5.8% |
| 5+ Bedrooms | 22 | 21 | -4.5% |
Summary: The Rockfish Township 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 increased by 125%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 68 | 76 | +11.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockfish Township, expect to pay close to the asking price. 44.7% of homes here sold near the asking price last month.
Summary: A total of 76 homes were sold or pending in Rockfish Township in March 2024, up by 11.8% month-over-month. Of the 76 sold homes, 20% were sold under asking, 45% were sold at asking, and 36% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 49 Days | -17.8% |
Summary: Homes in Rockfish Township had an average of 49 days on market in Mar 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rockfish Township has remained consistent over time.
Summary: During March 2024, 76 homes were sold in Rockfish Township; 37% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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