$4,738 Closing Credit*
$399,000
2,033 SqFt
4 Beds
•2 Full Baths, 1 Partial
#100481934, Listing Office: NextHome Cape Fear
Is Rocky Point, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Rocky Point was a Seller's Market.
Key Takeaway
Rocky Point 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 Rocky Point, NC
How much do homes in Rocky Point, NC cost?
Median Sold Price
$395,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$19,400(-4.7%)
Key Takeaway
Homes in Rocky Point have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Rocky Point was $395,500 in December 2024, down 4.7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $235K | $173.5K | -26.2% |
| 3 Bedrooms | $370K | $369.9K | 0% |
| 4 Bedrooms | $426.5K | $470.7K | +10.3% |
| 5+ Bedrooms | $483.5K | $497.2K | +2.8% |
Summary: Rocky Point housing prices by bedroom type for December 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 did not change, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Holly Township | $375K | $420K | +12.0% |
| Rocky Point Township | $409.3K | $399.9K | -2.3% |
| Rocky Point | $414.9K | $395.5K | -4.7% |
| Burgaw Township | $302.4K | $280K | -7.4% |
| Long Creek Township | $424.5K | $371.7K | -12.5% |
Housing Supply in Rocky Point, NC
How many homes are available in Rocky Point, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 33 | 39 | +18.2% |
Summary: The Rocky Point real estate market had 39 homes for sale in December 2024, a 18.2% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Rocky Point housing inventory by bedroom type for December 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 18.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 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. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Rocky Point in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 38 Days | 32 Days | -14.4% |
Summary: Homes in Rocky Point had an average of 32 days on market in Dec 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 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 December 2024, 6 homes were sold in Rocky Point; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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