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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Dobson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dobson Township, NC

How much do homes in Dobson Township, NC cost?

Median Sold Price

$254,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,650(+12.2%)

Key Takeaway

Homes in Dobson Township have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Dobson Township was $254,000 in November 2024, up 12.2% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$107.5K
N/A
2 $170.2K$187.5K
+10.1%
3 $266K$262.5K
-1.3%
4 $325K$443.5K
+36.5%
5+ $513.6K$394K
-23.3%

Summary: Dobson Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes decreased by 23.3%.

Median Sold Price Compared To Nearby Cities

Dobson Township
+12.2%
Dobson
+2.8%

Housing Supply in Dobson Township, NC

How many homes are available in Dobson Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2220-9.1%

Summary: The Dobson Township real estate market had 20 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 33
0.0%
3 119
-18.2%
4 44
0.0%
5+ 22
0.0%

Summary: The Dobson Township housing inventory by bedroom type for November 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 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dobson Township in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
51 Days245 Days+381.4%

Summary: Homes in Dobson Township had an average of 245 days on market in Nov 2024, up by 381.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 2 homes were sold in Dobson Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Dobson Township, NC

Nearby Markets to Dobson Township, NC

What housing markets are near Dobson Township, NC?