Is Rockingham 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, Rockingham Township has remained a Seller's Market.
Housing Prices in Rockingham Township, NC
How much do homes in Rockingham Township, NC cost?
Median Sold Price
$178,868
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rockingham Township was $178,868 in March 2024, up 7.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $101.9K | $50K | -51.0% |
2 Bedrooms | $115K | $90K | -21.7% |
3 Bedrooms | $174K | $184K | +5.7% |
4 Bedrooms | $282K | $347.4K | +23.2% |
5+ Bedrooms | $285K | $494.2K | +73.4% |
Summary: Rockingham Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51%, 2 bedroom homes decreased by 21.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 73.4%.
Median Sold Price Compared To Nearby Cities
Hamlet | $129.9K | $158K | +21.6% |
Rockingham | $161.5K | $178.8K | +10.8% |
Rockingham Township | $167K | $178.8K | +7.1% |
Wolf Pit Township | $133.4K | $133.5K | 0.0% |
Housing Supply in Rockingham Township, NC
How many homes are available in Rockingham Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 72 | +10.8% |
Summary: The Rockingham Township real estate market had 72 homes for sale in March 2024, a 10.8% increase 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 | 13 | 13 | 0.0% |
3 Bedrooms | 38 | 46 | +21.1% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Rockingham 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 remained the same, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Rockingham Township in March 2024, up by 36.4% month-over-month. Of the 15 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.
Days on Market for Rockingham Township, NC
How long does it take to sell a home in Rockingham Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 58 Days | +84.4% |
Summary: Homes in Rockingham Township had an average of 58 days on market in Mar 2024, up by 84.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Rockingham Township; 33% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.