Is Rocky Point, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rocky Point is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Rocky Point has remained a Buyer's Market.

Key Takeaway

Rocky Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rocky Point, NC

How much do homes in Rocky Point, NC cost?

Median Sold Price

$390,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$24,900(-6.0%)

Key Takeaway

Homes in Rocky Point have sold for 6% less than they did a year ago.

Summary: The median home sold price in Rocky Point was $390,000 in November 2024, down 6% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$300K
N/A
2 $225K$173.5K
-22.9%
3 $360K$365.9K
+1.7%
4 $455K$471.7K
+3.7%
5+ $480K$497.2K
+3.6%

Summary: Rocky Point 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 22.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

Rocky Point Township
-4.5%
Rocky Point
-6.0%
Burgaw Township
-7.4%

Housing Supply in Rocky Point, NC

How many homes are available in Rocky Point, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
34340.0%

Summary: The Rocky Point real estate market had 34 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1718
+5.9%
4 1514
-6.7%
5+ 22
0.0%

Summary: The Rocky Point 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 remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

2 Homes Were 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 Rocky Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rocky Point in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rocky Point, NC

How long does it take to sell a home in Rocky Point, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days55 Days+39.4%

Summary: Homes in Rocky Point had an average of 55 days on market in Nov 2024, up by 39.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Rocky Point has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Rocky Point; 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 2 Days Ago

Newest Listings in Rocky Point, NC

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