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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Raft Swamp Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Raft Swamp Township was a Seller's Market.

Key Takeaway

Raft Swamp 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 Raft Swamp Township, NC

How much do homes in Raft Swamp Township, NC cost?

Median Sold Price

$290,000

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$27,850(-8.8%)

Key Takeaway

Homes in Raft Swamp Township have sold for 8.8% less than they did a month ago.

Summary: The median home sold price in Raft Swamp Township was $290,000 in October 2024, down 8.8% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $270K$290K
+7.4%
4 $317.8K-
N/A
5+ --
N/A

Summary: Raft Swamp Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Raft Swamp Township, NC

How many homes are available in Raft Swamp Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97-22.2%

Summary: The Raft Swamp Township real estate market had 7 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The Raft Swamp 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Raft Swamp Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Raft Swamp Township in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Raft Swamp Township, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
81 Days33 Days-59.3%

Summary: Homes in Raft Swamp Township had an average of 33 days on market in Oct 2024, down by 59.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Raft Swamp Township; 0% of homes were sold within 30 days, 100% 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 Raft Swamp Township, NC

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What housing markets are near Raft Swamp Township, NC?