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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rougemont is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Rougemont, NC

How much do homes in Rougemont, NC cost?

Median Sold Price

$370,250

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$350(+0.1%)

Key Takeaway

The sold price of homes in Rougemont has remained the same since last year.

Summary: The median home sold price in Rougemont was $370,250 in April 2024, up 0.1% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $190K$409.2K
+115.4%
3 $358K$347.5K
-2.9%
4 $615K$555K
-9.8%
5+ $410K$635K
+54.9%

Summary: Rougemont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 115.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 54.9%.

Median Sold Price Compared To Nearby Cities

Bahama
+13.3%
Flat River Township
+8.7%
Timberlake
+2.0%
Rougemont
0.1%
Mount Tirzah Township
-4.5%

Housing Supply in Rougemont, NC

How many homes are available in Rougemont, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1917-10.5%

Summary: The Rougemont real estate market had 17 homes for sale in April 2024, a 10.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1313
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Rougemont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rougemont, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Rougemont in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Rougemont, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
124 Days20 Days-83.4%

Summary: Homes in Rougemont had an average of 20 days on market in Apr 2024, down by 83.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Rougemont; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

Newest Listings in Rougemont, NC

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