Is Rose Hill, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rose Hill is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rose Hill was a Buyer's Market.

Key Takeaway

Rose Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rose Hill, NC

How much do homes in Rose Hill, NC cost?

Median Sold Price

$186,750

$121/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,750(+0.9%)

Key Takeaway

Homes in Rose Hill have sold for 0.9% more than they did a month ago.

Summary: The median home sold price in Rose Hill was $186,750 in November 2024, up 0.9% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $185K$70K
-62.2%
3 -$195K
N/A
4 --
N/A
5+ --
N/A

Summary: Rose Hill housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rose Hill
+0.9%
Rose Hill Township
+0.9%

Housing Supply in Rose Hill, NC

How many homes are available in Rose Hill, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The Rose Hill real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 45
+25.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Rose Hill 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 decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rose Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Rose Hill in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Rose Hill, NC

How long does it take to sell a home in Rose Hill, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
63 Days8 Days-86.1%

Summary: Homes in Rose Hill had an average of 8 days on market in Nov 2024, down by 86.1% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rose Hill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Rose Hill; 100% of homes were sold within 30 days, 0% 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 Rose Hill, NC

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