Is Rocky Mount, 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, Rocky Mount has remained a Seller's Market.
Housing Prices in Rocky Mount, NC
How much do homes in Rocky Mount, NC cost?
Median Sold Price
$207,600
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rocky Mount was $207,600 in April 2024, up 1.5% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $23.9K | $48.4K | +102.1% |
2 Bedrooms | $110.8K | $94K | -15.2% |
3 Bedrooms | $195K | $203.5K | +4.4% |
4 Bedrooms | $299.1K | $290K | -3.1% |
5+ Bedrooms | $329.5K | $309K | -6.2% |
Summary: Rocky Mount housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.1%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
Stony Creek Township | $224K | $253.4K | +13.1% |
Rocky Mount | $204.4K | $207.6K | +1.5% |
Rocky Mount Township | $216K | $210K | -2.8% |
Oak Level Township | $285.4K | $272.4K | -4.6% |
Housing Supply in Rocky Mount, NC
How many homes are available in Rocky Mount, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
269 | 296 | +10.0% |
Summary: The Rocky Mount real estate market had 296 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 50 | 47 | -6.0% |
3 Bedrooms | 144 | 157 | +9.0% |
4 Bedrooms | 62 | 79 | +27.4% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Rocky Mount housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 27.4%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 64 | +12.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Rocky Mount in April 2024, up by 12.3% month-over-month. Of the 64 sold homes, 48% were sold under asking, 39% were sold at asking, and 13% were sold over asking.
Days on Market for Rocky Mount, NC
How long does it take to sell a home in Rocky Mount, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 59 Days | -12.0% |
Summary: Homes in Rocky Mount had an average of 59 days on market in Apr 2024, down by 12% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 64 homes were sold in Rocky Mount; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.