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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ramseur is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Ramseur, NC

How much do homes in Ramseur, NC cost?

Median Sold Price

$252,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,500(+16.9%)

Key Takeaway

Homes in Ramseur have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Ramseur was $252,000 in April 2024, up 16.9% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $27.5K-
N/A
2 $165K$243.5K
+47.6%
3 $220.5K$235K
+6.6%
4 $425K-
N/A
5+ $216.1K$495K
+129.0%

Summary: Ramseur 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 47.6%, 3 bedroom homes increased by 6.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 129%.

Median Sold Price Compared To Nearby Cities

Franklinville
+27.3%
Ramseur
+16.9%
Franklinville Township
+4.6%
Columbia Township
-10.8%

Housing Supply in Ramseur, NC

How many homes are available in Ramseur, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1617+6.3%

Summary: The Ramseur real estate market had 17 homes for sale in April 2024, a 6.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 57
+40.0%
3 67
+16.7%
4 00
0.0%
5+ 20
-100.0%

Summary: The Ramseur 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 increased by 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ramseur, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ramseur in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ramseur, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days34 Days+156.8%

Summary: Homes in Ramseur had an average of 34 days on market in Apr 2024, up by 156.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Ramseur; 67% of homes were sold within 30 days, 33% 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 19 Days Ago

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