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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rougemont is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Rougemont, NC

How much do homes in Rougemont, NC cost?

Median Sold Price

$370,250

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$350(+0.1%)

Key Takeaway

The sold price of homes in Rougemont has remained the same since last year.

Summary: The median home sold price in Rougemont was $370,250 in April 2024, up 0.1% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $190K$409.2K
+115.4%
3 $358K$347.5K
-2.9%
4 $615K$555K
-9.8%
5+ $410K$635K
+54.9%

Summary: Rougemont 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 115.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 54.9%.

Median Sold Price Compared To Nearby Cities

Bahama
+13.3%
Flat River Township
+8.7%
Timberlake
+2.0%
Rougemont
0.1%
Mount Tirzah Township
-4.5%

Housing Supply in Rougemont, NC

How many homes are available in Rougemont, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1917-10.5%

Summary: The Rougemont real estate market had 17 homes for sale in April 2024, a 10.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1313
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Rougemont 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rougemont, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Rougemont in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Rougemont, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
124 Days20 Days-83.4%

Summary: Homes in Rougemont had an average of 20 days on market in Apr 2024, down by 83.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Rougemont; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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

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