Is Rutherfordton Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rutherfordton Township has remained a Seller's Market.
Housing Prices in Rutherfordton Township, NC
How much do homes in Rutherfordton Township, NC cost?
Median Sold Price
$250,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rutherfordton Township was $250,000 in April 2024, up 6.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $182.5K | -24.0% |
2 Bedrooms | $150K | $163K | +8.7% |
3 Bedrooms | $282.5K | $253K | -10.4% |
4 Bedrooms | $294.7K | $320K | +8.6% |
5+ Bedrooms | $481K | $544K | +13.1% |
Summary: Rutherfordton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
Forest City | $186.5K | $215K | +15.3% |
Rutherfordton | $262.1K | $299.5K | +14.3% |
Rutherfordton Township | $234K | $250K | +6.8% |
Spindale | $164K | $160K | -2.4% |
Housing Supply in Rutherfordton Township, NC
How many homes are available in Rutherfordton Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
120 | 127 | +5.8% |
Summary: The Rutherfordton Township real estate market had 127 homes for sale in April 2024, a 5.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 29 | 32 | +10.3% |
3 Bedrooms | 61 | 65 | +6.6% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Rutherfordton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Rutherfordton Township in April 2024, down by 3.8% month-over-month. Of the 25 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Rutherfordton Township, NC
How long does it take to sell a home in Rutherfordton Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 41 Days | +44.4% |
Summary: Homes in Rutherfordton Township had an average of 41 days on market in Apr 2024, up by 44.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Rutherfordton Township; 72% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.