Is Roaring River, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roaring River is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Roaring River, NC

How much do homes in Roaring River, NC cost?

Median Sold Price

$200,100

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,100(+1.1%)

Key Takeaway

Homes in Roaring River have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Roaring River was $200,100 in April 2024, up 1.1% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$400K
N/A
2 $115K$160K
+39.1%
3 $245K$240.2K
-2.0%
4 --
N/A
5+ --
N/A

Summary: Roaring River 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 39.1%, 3 bedroom homes decreased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Edwards Township
+2.9%
Roaring River
+1.1%
Rock Creek Township
-7.8%

Housing Supply in Roaring River, NC

How many homes are available in Roaring River, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The Roaring River real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Roaring River 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 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

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roaring River, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Roaring River in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Roaring River, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
110 Days42 Days-61.8%

Summary: Homes in Roaring River had an average of 42 days on market in Apr 2024, down by 61.8% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Roaring River has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Roaring River; 0% of homes were sold within 30 days, 100% 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 9 Days Ago

Newest Listings in Roaring River, NC

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