Is Ruffin Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruffin Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Ruffin Township, NC

How much do homes in Ruffin Township, NC cost?

Median Sold Price

$150,525

$75/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$26,225(-14.8%)

Key Takeaway

Homes in Ruffin Township have sold for 14.8% less than they did a month ago.

Summary: The median home sold price in Ruffin Township was $150,525 in February 2024, down 14.8% from last month, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $112K-
N/A
3 $241.5K$150.5K
-37.7%
4 --
N/A
5+ --
N/A

Summary: Ruffin Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 37.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ruffin Township, NC

How many homes are available in Ruffin Township, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
770.0%

Summary: The Ruffin Township real estate market had 7 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Ruffin Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Ruffin Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ruffin Township in February 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Ruffin Township, NC

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

Average Sale Time

Jan 2024Feb 2024CHANGE
55 Days74 Days+34.2%

Summary: Homes in Ruffin Township had an average of 74 days on market in Feb 2024, up by 34.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Ruffin Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

Newest Listings in Ruffin Township, NC

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What housing markets are near Ruffin Township, NC?