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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunn Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Dunn Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Dunn Township, NC

How much do homes in Dunn Township, NC cost?

Median Sold Price

$289,062

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,314(-3.4%)

Key Takeaway

Homes in Dunn Township have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Dunn Township was $289,062 in November 2024, down 3.4% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $181.2K$115K
-36.6%
2 $160K$170K
+6.3%
3 $275.6K$285K
+3.4%
4 $369.9K$334.9K
-9.4%
5+ $313.3K$517.5K
+65.2%

Summary: Dunn Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 65.2%.

Median Sold Price Compared To Nearby Cities

Harris Township
+7.8%
Little River Township
-2.4%
Dunn Township
-3.4%

Housing Supply in Dunn Township, NC

How many homes are available in Dunn Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
176166-5.7%

Summary: The Dunn Township real estate market had 166 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1616
0.0%
3 122112
-8.2%
4 3334
+3.0%
5+ 54
-20.0%

Summary: The Dunn 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 8.2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3223-28.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunn Township, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Dunn Township in November 2024, down by 28.1% month-over-month. Of the 23 sold homes, 70% were sold under asking, 22% were sold at asking, and 9% were sold over asking.

Days on Market for Dunn Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
57 Days85 Days+50.4%

Summary: Homes in Dunn Township had an average of 85 days on market in Nov 2024, up by 50.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dunn Township has remained consistent over time.

Summary: During November 2024, 23 homes were sold in Dunn Township; 22% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 30% 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 17 Days Ago

Newest Listings in Dunn Township, NC

Nearby Markets to Dunn Township, NC

What housing markets are near Dunn Township, NC?