Is Ruffin, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ruffin was a Buyer's Market.
Key Takeaway
Ruffin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ruffin, NC
How much do homes in Ruffin, NC cost?
Median Sold Price
$186,950
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ruffin have sold for 13% less than they did a year ago.
Summary: The median home sold price in Ruffin was $186,950 in March 2024, down 13% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.7K | - | N/A |
| 3 Bedrooms | $217.5K | $188.9K | -13.1% |
| 4 Bedrooms | $350K | $85.5K | -75.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ruffin 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 did not change, 3 bedroom homes decreased by 13.1%, 4 bedroom homes decreased by 75.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ruffin Township | $207.5K | $201.5K | -2.9% |
| Ruffin | $215K | $186.9K | -13.0% |
Housing Supply in Ruffin, NC
How many homes are available in Ruffin, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Ruffin real estate market had 4 homes for sale in March 2024, a 20.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ruffin 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ruffin, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Ruffin in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Ruffin, NC
How long does it take to sell a home in Ruffin, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 8 Days | -73.4% |
Summary: Homes in Ruffin had an average of 8 days on market in Mar 2024, down by 73.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ruffin are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Ruffin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
