Is Rose Hill Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rose Hill Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rose Hill Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Rose Hill Township, NC

How much do homes in Rose Hill Township, NC cost?

Median Sold Price

$213,000

$126/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$112,000(-34.5%)

Key Takeaway

Homes in Rose Hill Township have sold for 34.5% less than they did a month ago.

Summary: The median home sold price in Rose Hill Township was $213,000 in April 2024, down 34.5% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$213K
-34.5%
4 --
N/A
5+ --
N/A

Summary: Rose Hill Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 34.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rose Hill Township
-34.5%
Rose Hill
-34.5%

Housing Supply in Rose Hill Township, NC

How many homes are available in Rose Hill Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+14.3%

Summary: The Rose Hill Township real estate market had 8 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 66
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Rose Hill 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 increased by 100%, 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
13+200.0%

Asking Price vs. Sold Price

2 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 Rose Hill Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Rose Hill Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Rose Hill Township, NC

How long does it take to sell a home in Rose Hill Township, NC?

Average Sale Time

Mar 2024Apr 2024CHANGE
9 Days156 Days+1633.3%

Summary: Homes in Rose Hill Township had an average of 156 days on market in Apr 2024, up by 1633.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Rose Hill Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Rose Hill Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 10 Days Ago

Newest Listings in Rose Hill Township, NC

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What housing markets are near Rose Hill Township, NC?