Is Dobson Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dobson Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Dobson Township has remained a Seller's Market.

Key Takeaway

Dobson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dobson Township, NC

How much do homes in Dobson Township, NC cost?

Median Sold Price

$254,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,500(+12.6%)

Key Takeaway

Homes in Dobson Township have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Dobson Township was $254,000 in October 2024, up 12.6% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$165K
N/A
2 $170K$187.5K
+10.3%
3 $255K$260K
+2.0%
4 $335.5K$380K
+13.3%
5+ $513.6K$394K
-23.3%

Summary: Dobson Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 23.3%.

Median Sold Price Compared To Nearby Cities

Dobson Township
+12.6%
Dobson
+11.7%

Housing Supply in Dobson Township, NC

How many homes are available in Dobson Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21210.0%

Summary: The Dobson Township real estate market had 21 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 33
0.0%
3 1211
-8.3%
4 33
0.0%
5+ 12
+100.0%

Summary: The Dobson Township housing inventory by bedroom type for October 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 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dobson Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Dobson Township in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Dobson Township, NC

How long does it take to sell a home in Dobson Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
6 Days10 Days+57.0%

Summary: Homes in Dobson Township had an average of 10 days on market in Oct 2024, up by 57% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dobson Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Dobson Township; 100% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Dobson Township, NC

Nearby Markets to Dobson Township, NC

What housing markets are near Dobson Township, NC?