$5,344 Closing Credit*
$450,000
2,407 SqFt
3 Beds
•2 Full Baths
#100476556, Listing Office: Real Broker LLC
Is Rocky Point Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$398,122
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,377(-1.3%)
Key Takeaway
Homes in Rocky Point Township have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Rocky Point Township was $398,122 in October 2024, down 1.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $300K | N/A |
| 2 Bedrooms | $235K | $184.2K | -21.6% |
| 3 Bedrooms | $365K | $369.9K | +1.4% |
| 4 Bedrooms | $424.7K | $458.7K | +8.0% |
| 5+ Bedrooms | $469K | $497.2K | +6.0% |
Summary: Rocky Point Township housing prices by bedroom type for October 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 increased by 1.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Cape Fear Township | $365.4K | $379.4K | +3.8% |
| Rocky Point Township | $403.5K | $398.1K | -1.3% |
| Rocky Point | $409.4K | $390K | -4.7% |
| Burgaw Township | $300K | $279K | -7.0% |
Housing Supply in Rocky Point Township, NC
How many homes are available in Rocky Point Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Summary: The Rocky Point Township real estate market had 43 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Rocky Point Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rocky Point Township, 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 Township in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 40 Days | +22.7% |
Summary: Homes in Rocky Point Township had an average of 40 days on market in Oct 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
5 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Rocky Point Township; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
