Is Rockwell, 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, Rockwell was a Seller's Market.
Housing Prices in Rockwell, NC
How much do homes in Rockwell, NC cost?
Median Sold Price
$282,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rockwell was $282,000 in May 2024, down 6% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $134K | $211.5K | +57.8% |
2 Bedrooms | $195K | $212.5K | +9.0% |
3 Bedrooms | $282K | $280K | -0.7% |
4 Bedrooms | $300K | $487.5K | +62.5% |
5+ Bedrooms | $365K | $365K | 0.0% |
Summary: Rockwell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.8%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Providence Township | $325K | $370K | +13.8% |
Rockwell | $299.9K | $282K | -6.0% |
Gold Hill Township | $299.9K | $267.5K | -10.8% |
Housing Supply in Rockwell, NC
How many homes are available in Rockwell, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 32 | +6.7% |
Summary: The Rockwell real estate market had 32 homes for sale in May 2024, a 6.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Rockwell 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 increased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Rockwell in May 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Rockwell, NC
How long does it take to sell a home in Rockwell, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 41 Days | +309.9% |
Summary: Homes in Rockwell had an average of 41 days on market in May 2024, up by 309.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Rockwell; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.