Is Roseboro, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roseboro is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Roseboro has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Roseboro, NC

How much do homes in Roseboro, NC cost?

Median Sold Price

$120,000

$117/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$129,990(-52.0%)

Key Takeaway

Homes in Roseboro have sold for 52% less than they did a month ago.

Summary: The median home sold price in Roseboro was $120,000 in March 2024, down 52% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $64.2K$120K
+86.8%
3 $249.9K$61.5K
-75.4%
4 $295K$293.9K
-0.3%
5+ $308.4K-
N/A

Summary: Roseboro housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 86.8%, 3 bedroom homes decreased by 75.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.

Housing Supply in Roseboro, NC

How many homes are available in Roseboro, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1911-42.1%

Summary: The Roseboro real estate market had 11 homes for sale in March 2024, a 42.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 97
-22.2%
4 52
-60.0%
5+ 10
-100.0%

Summary: The Roseboro 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 decreased by 50%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roseboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Roseboro in March 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Roseboro, NC

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

Average Sale Time

Feb 2024Mar 2024CHANGE
136 Days72 Days-47.1%

Summary: Homes in Roseboro had an average of 72 days on market in Mar 2024, down by 47.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Roseboro has remained consistent over time.

Summary: During March 2024, 3 homes were sold in Roseboro; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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

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