$30,000
1.13 Acres
Land
#100476880, Listing Office: Collective Realty LLC
Is Rockingham Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rockingham Township has remained a Seller's Market.
Key Takeaway
Rockingham Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rockingham Township, NC
How much do homes in Rockingham Township, NC cost?
Median Sold Price
$181,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,500(+2.5%)
Key Takeaway
Homes in Rockingham Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Rockingham Township was $181,000 in October 2024, up 2.5% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $41K | -8.9% |
| 2 Bedrooms | $113.5K | $99.5K | -12.3% |
| 3 Bedrooms | $196K | $195K | -0.5% |
| 4 Bedrooms | $349.9K | $268.4K | -23.3% |
| 5+ Bedrooms | $302.5K | $494.2K | +63.4% |
Summary: Rockingham Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes increased by 63.4%.
Median Sold Price Compared To Nearby Cities
| Hamlet | $135K | $170K | +25.9% |
| Wolf Pit Township | $134.9K | $154K | +14.2% |
| Rockingham Township | $176.5K | $181K | +2.5% |
| Rockingham | $179.5K | $181K | +0.8% |
Housing Supply in Rockingham Township, NC
How many homes are available in Rockingham Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 82 | +13.9% |
Summary: The Rockingham Township real estate market had 82 homes for sale in October 2024, a 13.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 46 | 50 | +8.7% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Rockingham Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 20 | +100.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockingham Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Rockingham Township in October 2024, up by 100.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Rockingham Township, NC
How long does it take to sell a home in Rockingham Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 69 Days | +55.5% |
Summary: Homes in Rockingham Township had an average of 69 days on market in Oct 2024, up by 55.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockingham Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Rockingham Township; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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