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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Creek Township is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Rock Creek 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 Rock Creek Township, NC

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

Median Sold Price

$340,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+7.9%)

Key Takeaway

Homes in Rock Creek Township have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Rock Creek Township was $340,000 in October 2024, up 7.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $96K$83.7K
-12.8%
2 $212K$229.5K
+8.3%
3 $297.2K$323.2K
+8.7%
4 $383.8K$369K
-3.8%
5+ $482.4K$376.8K
-21.9%

Summary: Rock Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 21.9%.

Median Sold Price Compared To Nearby Cities

Gibsonville
+12.6%
Rock Creek Township
+7.9%
Burlington
+2.5%
Whitsett
+2.4%

Housing Supply in Rock Creek Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129138+7.0%

Summary: The Rock Creek Township real estate market had 138 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2328
+21.7%
3 3545
+28.6%
4 5451
-5.6%
5+ 1714
-17.6%

Summary: The Rock Creek 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 increased by 21.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 17.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2523-8.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Creek Township, expect to pay close to the asking price. 43.5% of homes here sold near the asking price last month.

Summary: A total of 23 homes were sold or pending in Rock Creek Township in October 2024, down by 8.0% month-over-month. Of the 23 sold homes, 26% were sold under asking, 43% were sold at asking, and 30% were sold over asking.

Days on Market for Rock Creek Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days29 Days+19.5%

Summary: Homes in Rock Creek Township had an average of 29 days on market in Oct 2024, up by 19.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 23 homes were sold in Rock Creek Township; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

Newest Listings in Rock Creek Township, NC

Nearby Markets to Rock Creek Township, NC

What housing markets are near Rock Creek Township, NC?