Is Rocky Point Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rocky Point Township was a Buyer's Market.
Housing Prices in Rocky Point Township, NC
How much do homes in Rocky Point Township, NC cost?
Median Sold Price
$415,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rocky Point Township was $415,000 in April 2024, up 11.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215K | $235K | +9.3% |
3 Bedrooms | $356K | $367.9K | +3.3% |
4 Bedrooms | $390.5K | $471.7K | +20.8% |
5+ Bedrooms | $454.5K | $488K | +7.4% |
Summary: Rocky Point Township 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 9.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Rocky Point | $367.2K | $417K | +13.5% |
Rocky Point Township | $372K | $415K | +11.6% |
Cape Fear Township | $349.7K | $365.4K | +4.5% |
Burgaw Township | $301K | $293.4K | -2.5% |
Housing Supply in Rocky Point Township, NC
How many homes are available in Rocky Point Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 86 | -13.1% |
Summary: The Rocky Point Township real estate market had 86 homes for sale in April 2024, a 13.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 56 | 48 | -14.3% |
4 Bedrooms | 35 | 30 | -14.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Rocky Point Township 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 decreased by 14.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Rocky Point Township in April 2024, up by 9.5% month-over-month. Of the 23 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for Rocky Point Township, NC
How long does it take to sell a home in Rocky Point Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 98 Days | +37.4% |
Summary: Homes in Rocky Point Township had an average of 98 days on market in Apr 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Rocky Point Township; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.