Is Roxboro, 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, Roxboro has remained a Seller's Market.
Key Takeaway
Roxboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roxboro, NC
How much do homes in Roxboro, NC cost?
Median Sold Price
$260,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Roxboro have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Roxboro was $260,000 in May 2024, up 21.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $89.9K | -47.4% |
| 2 Bedrooms | $142.4K | $165K | +15.8% |
| 3 Bedrooms | $221.4K | $260K | +17.4% |
| 4 Bedrooms | $250K | $280K | +12.0% |
| 5+ Bedrooms | $426.2K | $320K | -24.9% |
Summary: Roxboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 24.9%.
Median Sold Price Compared To Nearby Cities
| Roxboro | $213.9K | $260K | +21.5% |
| Roxboro Township | $213.9K | $260K | +21.5% |
| Flat River Township | $343.9K | $368.7K | +7.2% |
Housing Supply in Roxboro, NC
How many homes are available in Roxboro, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 73 | 78 | +6.8% |
Summary: The Roxboro real estate market had 78 homes for sale in May 2024, a 6.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 47 | 53 | +12.8% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Roxboro housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roxboro, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Roxboro in May 2024, down by 11.1% month-over-month. Of the 16 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Roxboro, NC
How long does it take to sell a home in Roxboro, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 87 Days | 36 Days | -59.0% |
Summary: Homes in Roxboro had an average of 36 days on market in May 2024, down by 59% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roxboro are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 16 homes were sold in Roxboro; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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