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 May 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
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rocky Mount Township was $210,000 in May 2024, down 0.9% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $23.9K | $48.4K | +102.1% |
2 Bedrooms | $117.5K | $94K | -20.0% |
3 Bedrooms | $199.9K | $208.8K | +4.5% |
4 Bedrooms | $316K | $285K | -9.8% |
5+ Bedrooms | $327K | $312.5K | -4.4% |
Summary: Rocky Mount Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.1%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
Stony Creek Township | $224.3K | $250K | +11.4% |
Rocky Mount | $204.7K | $208.4K | +1.8% |
Rocky Mount Township | $211.9K | $210K | -0.9% |
Oak Level Township | $289.2K | $272.4K | -5.8% |
Housing Supply in Rocky Mount Township, NC
How many homes are available in Rocky Mount Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
295 | 310 | +5.1% |
Summary: The Rocky Mount Township real estate market had 310 homes for sale in May 2024, a 5.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 42 | 40 | -4.8% |
3 Bedrooms | 161 | 173 | +7.5% |
4 Bedrooms | 82 | 85 | +3.7% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Rocky Mount Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
70 | 54 | -22.9% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Rocky Mount Township in May 2024, down by 22.9% month-over-month. Of the 54 sold homes, 56% were sold under asking, 20% were sold at asking, and 24% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 40 Days | -29.2% |
Summary: Homes in Rocky Mount Township had an average of 40 days on market in May 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 54 homes were sold in Rocky Mount Township; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.