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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roxboro is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Roxboro was a Seller's Market.

Key Takeaway

Roxboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Roxboro, NC

How much do homes in Roxboro, NC cost?

Median Sold Price

$264,495

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$37,505(+16.5%)

Key Takeaway

Homes in Roxboro have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Roxboro was $264,495 in September 2024, up 16.5% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $171K$124.9K
-26.9%
2 $150K$165K
+10.0%
3 $229.9K$264K
+14.8%
4 $254.4K$289.9K
+14.0%
5+ $359.9K$320K
-11.1%

Summary: Roxboro housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.9%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 11.1%.

Median Sold Price Compared To Nearby Cities

Roxboro
+16.5%
Roxboro Township
+16.5%
Flat River Township
-7.4%

Housing Supply in Roxboro, NC

How many homes are available in Roxboro, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8070-12.5%

Summary: The Roxboro real estate market had 70 homes for sale in September 2024, a 12.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 1511
-26.7%
3 4745
-4.3%
4 1613
-18.8%
5+ 11
0.0%

Summary: The Roxboro housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1711-35.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roxboro, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Roxboro in September 2024, down by 35.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for Roxboro, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
60 Days21 Days-64.5%

Summary: Homes in Roxboro had an average of 21 days on market in Sep 2024, down by 64.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 11 homes were sold in Roxboro; 73% of homes were sold within 30 days, 27% 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 30 Days Ago

Newest Listings in Roxboro, NC

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