Is Rocky Point 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, Rocky Point Township has remained a Seller's Market.
Housing Prices in Rocky Point Township, NC
How much do homes in Rocky Point Township, NC cost?
Median Sold Price
$418,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rocky Point Township was $418,000 in March 2024, up 13% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $187.8K | $235K | +25.1% |
3 Bedrooms | $357.5K | $366.3K | +2.5% |
4 Bedrooms | $386K | $467.8K | +21.2% |
5+ Bedrooms | $454K | $484K | +6.6% |
Summary: Rocky Point 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 25.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
Long Creek Township | $355K | $416K | +17.2% |
Rocky Point | $365.2K | $418.8K | +14.7% |
Rocky Point Township | $370K | $418K | +13.0% |
Cape Fear Township | $345.2K | $366.2K | +6.1% |
Burgaw Township | $301K | $290.6K | -3.4% |
Housing Supply in Rocky Point Township, NC
How many homes are available in Rocky Point Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
94 | 92 | -2.1% |
Summary: The Rocky Point Township real estate market had 92 homes for sale in March 2024, a 2.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 50 | 51 | +2.0% |
4 Bedrooms | 37 | 34 | -8.1% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Rocky Point 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 2%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 21 | +110.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Rocky Point Township in March 2024, up by 110.0% month-over-month. Of the 21 sold homes, 19% were sold under asking, 57% were sold at asking, and 24% were sold over asking.
Days on Market for Rocky Point Township, NC
How long does it take to sell a home in Rocky Point Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 136 Days | +151.6% |
Summary: Homes in Rocky Point Township had an average of 136 days on market in Mar 2024, up by 151.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Rocky Point Township; 33% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.