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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunns Rock Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Dunns Rock Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dunns Rock Township, NC

How much do homes in Dunns Rock Township, NC cost?

Median Sold Price

$557,000

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,000(+1.3%)

Key Takeaway

Homes in Dunns Rock Township have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Dunns Rock Township was $557,000 in October 2024, up 1.3% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$230K
N/A
2 $350K$394.5K
+12.7%
3 $550K$586.7K
+6.7%
4 $685K$900K
+31.4%
5+ $1.2M$954K
-20.5%

Summary: Dunns Rock 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 12.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 31.4%, and 5+ bedroom homes decreased by 20.5%.

Median Sold Price Compared To Nearby Cities

Little River Township
+21.3%
Brevard Township
+9.6%
Brevard
+8.8%
Dunns Rock Township
+1.3%

Housing Supply in Dunns Rock Township, NC

How many homes are available in Dunns Rock Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5554-1.8%

Summary: The Dunns Rock Township real estate market had 54 homes for sale in October 2024, a 1.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1110
-9.1%
3 3130
-3.2%
4 910
+11.1%
5+ 33
0.0%

Summary: The Dunns Rock 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 decreased by 9.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunns Rock Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Dunns Rock Township in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Dunns Rock Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days35 Days-1.1%

Summary: Homes in Dunns Rock Township had an average of 35 days on market in Oct 2024, down by 1.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Dunns Rock Township; 50% of homes were sold within 30 days, 38% 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 16 Days Ago

Newest Listings in Dunns Rock Township, NC

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