Is Dunns Rock Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Dunns Rock Township was a Seller's Market.
Key Takeaway
Dunns Rock Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dunns Rock Township, NC
How much do homes in Dunns Rock Township, NC cost?
Median Sold Price
$571,060
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dunns Rock Township have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Dunns Rock Township was $571,060 in May 2024, up 9.1% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $230K | N/A |
| 2 Bedrooms | $345K | $394.5K | +14.3% |
| 3 Bedrooms | $527K | $605K | +14.8% |
| 4 Bedrooms | $670K | $875.5K | +30.7% |
| 5+ Bedrooms | $730K | $1.2M | +64.4% |
Summary: Dunns Rock Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes increased by 64.4%.
Median Sold Price Compared To Nearby Cities
| Little River Township | $420K | $513K | +22.1% |
| Brevard Township | $410K | $498.5K | +21.6% |
| Brevard | $422.5K | $500.5K | +18.5% |
| Dunns Rock Township | $523.5K | $571K | +9.1% |
| Catheys Creek Township | $381K | $414.5K | +8.8% |
Housing Supply in Dunns Rock Township, NC
How many homes are available in Dunns Rock Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 58 | 62 | +6.9% |
Summary: The Dunns Rock Township real estate market had 62 homes for sale in May 2024, a 6.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Dunns Rock Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 6 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunns Rock Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Dunns Rock Township in May 2024, down by 60.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Dunns Rock Township, NC
How long does it take to sell a home in Dunns Rock Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 4 Days | -88.8% |
Summary: Homes in Dunns Rock Township had an average of 4 days on market in May 2024, down by 88.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dunns Rock Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Dunns Rock Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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