Is Rocky Point, 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, Rocky Point was a Buyer's Market.
Housing Prices in Rocky Point, NC
How much do homes in Rocky Point, NC cost?
Median Sold Price
$401,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rocky Point was $401,000 in May 2024, up 6.1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215K | $195K | -9.3% |
3 Bedrooms | $355K | $362.3K | +2.1% |
4 Bedrooms | $390.5K | $479K | +22.7% |
5+ Bedrooms | $469K | $488K | +4.1% |
Summary: Rocky Point 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 decreased by 9.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
Rocky Point | $378K | $401K | +6.1% |
Rocky Point Township | $380.5K | $403K | +5.9% |
Burgaw Township | $300K | $302.4K | +0.8% |
Housing Supply in Rocky Point, NC
How many homes are available in Rocky Point, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 60 | -11.8% |
Summary: The Rocky Point real estate market had 60 homes for sale in May 2024, a 11.8% decrease 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 | 2 | 2 | 0.0% |
3 Bedrooms | 39 | 31 | -20.5% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Rocky Point 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 remained the same, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Rocky Point in May 2024, up by 5.6% month-over-month. Of the 19 sold homes, 21% were sold under asking, 47% were sold at asking, and 32% were sold over asking.
Days on Market for Rocky Point, NC
How long does it take to sell a home in Rocky Point, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
108 Days | 57 Days | -47.0% |
Summary: Homes in Rocky Point had an average of 57 days on market in May 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Rocky Point; 58% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.