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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockwell is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Rockwell, NC

How much do homes in Rockwell, NC cost?

Median Sold Price

$282,900

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$17,050(-5.7%)

Key Takeaway

Homes in Rockwell have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Rockwell was $282,900 in April 2024, down 5.7% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $134K$140K
+4.5%
2 $202.5K$199.5K
-1.5%
3 $269.7K$280K
+3.8%
4 $300K$487.5K
+62.5%
5+ $365K$382.5K
+4.8%

Summary: Rockwell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

Providence Township
+13.6%
Rockwell
-5.7%
Gold Hill Township
-10.0%

Housing Supply in Rockwell, NC

How many homes are available in Rockwell, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2530+20.0%

Summary: The Rockwell real estate market had 30 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 65
-16.7%
3 1214
+16.7%
4 56
+20.0%
5+ 24
+100.0%

Summary: The Rockwell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockwell, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Rockwell in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Rockwell, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days69 Days+210.8%

Summary: Homes in Rockwell had an average of 69 days on market in Apr 2024, up by 210.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Rockwell; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 Rockwell, NC

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