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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rocky Point Township is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Rocky Point Township was a Buyer's Market.

Key Takeaway

Rocky Point Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rocky Point Township, NC

How much do homes in Rocky Point Township, NC cost?

Median Sold Price

$397,122

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$7,877(-1.9%)

Key Takeaway

Homes in Rocky Point Township have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Rocky Point Township was $397,122 in September 2024, down 1.9% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$300K
N/A
2 $235K$184.2K
-21.6%
3 $370K$369K
-0.3%
4 $424.7K$458.7K
+8.0%
5+ $469K$499K
+6.4%

Summary: Rocky Point Township 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 21.6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Cities

Cape Fear Township
+3.5%
Rocky Point Township
-1.9%
Burgaw Township
-2.9%
Rocky Point
-4.6%
Long Creek Township
-10.6%

Housing Supply in Rocky Point Township, NC

How many homes are available in Rocky Point Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4447+6.8%

Summary: The Rocky Point Township real estate market had 47 homes for sale in September 2024, a 6.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 01
+100.0%
3 2325
+8.7%
4 1820
+11.1%
5+ 21
-50.0%

Summary: The Rocky Point Township 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 increased by 100%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rocky Point Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Rocky Point Township in September 2024, up by 33.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Rocky Point Township, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
44 Days38 Days-11.9%

Summary: Homes in Rocky Point Township had an average of 38 days on market in Sep 2024, down by 11.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 12 homes were sold in Rocky Point Township; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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 30 Days Ago

Newest Listings in Rocky Point Township, NC

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What housing markets are near Rocky Point Township, NC?