Is Rocky Mount 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, Rocky Mount Township has remained a Seller's Market.
Housing Prices in Rocky Mount Township, NC
How much do homes in Rocky Mount Township, NC cost?
Median Sold Price
$210,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rocky Mount Township was $210,000 in April 2024, down 2.8% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $23.9K | $48.4K | +102.1% |
2 Bedrooms | $124.5K | $97K | -22.1% |
3 Bedrooms | $199.9K | $206.3K | +3.2% |
4 Bedrooms | $303K | $290K | -4.3% |
5+ Bedrooms | $328.9K | $309K | -6.1% |
Summary: Rocky Mount Township 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 22.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 6.1%.
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 Township, NC
How many homes are available in Rocky Mount Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
263 | 290 | +10.3% |
Summary: The Rocky Mount Township real estate market had 290 homes for sale in April 2024, a 10.3% 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 | 49 | 45 | -8.2% |
3 Bedrooms | 142 | 154 | +8.5% |
4 Bedrooms | 61 | 80 | +31.1% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Rocky Mount Township 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 8.2%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 63 | +12.5% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Rocky Mount Township in April 2024, up by 12.5% month-over-month. Of the 63 sold homes, 51% were sold under asking, 37% were sold at asking, and 13% were sold over asking.
Days on Market for Rocky Mount Township, NC
How long does it take to sell a home in Rocky Mount Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 62 Days | -9.5% |
Summary: Homes in Rocky Mount Township had an average of 62 days on market in Apr 2024, down by 9.5% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 63 homes were sold in Rocky Mount Township; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.