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 seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Dunns Rock Township, NC

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

Median Sold Price

$563,750

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,750(+0.7%)

Key Takeaway

Homes in Dunns Rock Township have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Dunns Rock Township was $563,750 in November 2024, up 0.7% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$230K
N/A
2 $392K$383.5K
-2.2%
3 $550K$587.8K
+6.9%
4 $749.5K$900K
+20.1%
5+ $1.3M$954K
-30.6%

Summary: Dunns Rock 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 decreased by 2.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes decreased by 30.6%.

Median Sold Price Compared To Nearby Cities

Catheys Creek Township
+36.5%
Brevard
+10.5%
Brevard Township
+10.4%
Dunns Rock Township
+0.7%
Little River Township
-3.2%

Housing Supply in Dunns Rock Township, NC

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5046-8.0%

Summary: The Dunns Rock Township real estate market had 46 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 97
-22.2%
3 2928
-3.4%
4 87
-12.5%
5+ 33
0.0%

Summary: The Dunns Rock 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 decreased by 22.2%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

9 Homes Were 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 Dunns Rock Township, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Dunns Rock Township in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
32 Days73 Days+128.8%

Summary: Homes in Dunns Rock Township had an average of 73 days on market in Nov 2024, up by 128.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Dunns Rock Township; 20% of homes were sold within 30 days, 40% 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 Dunns Rock Township, NC

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