$6,116 Closing Credit*
$515,000
3,145 SqFt
5 Beds
•3 Full Baths, 1 Partial
#100473324, Listing Office: Coldwell Banker Sea Coast Advantage
Is Rocky Point, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Rocky Point was a Neutral Market.
Key Takeaway
Rocky Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 September 2023
-$19,000(-4.6%)
Key Takeaway
Homes in Rocky Point have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in Rocky Point was $390,000 in September 2024, down 4.6% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $235K | $173.5K | -26.2% |
| 3 Bedrooms | $360K | $365.9K | +1.7% |
| 4 Bedrooms | $430.4K | $473.3K | +10.0% |
| 5+ Bedrooms | $469K | $497.2K | +6.0% |
Summary: Rocky Point housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Rocky Point Township | $405K | $397.1K | -1.9% |
| Burgaw Township | $291K | $282.6K | -2.9% |
| Rocky Point | $409K | $390K | -4.6% |
| Long Creek Township | $418.4K | $374K | -10.6% |
Housing Supply in Rocky Point, NC
How many homes are available in Rocky Point, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The Rocky Point real estate market had 35 homes for sale in September 2024, a 9.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rocky Point housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rocky Point, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Rocky Point in September 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 44 Days | 56 Days | +26.8% |
Summary: Homes in Rocky Point had an average of 56 days on market in Sep 2024, up by 26.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rocky Point are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Rocky Point; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
