Is Rowland, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rowland is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Rowland has remained a Buyer's Market.

Key Takeaway

Rowland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rowland, NC

How much do homes in Rowland, NC cost?

Median Sold Price

$110,000

$104/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$40,000(-26.7%)

Key Takeaway

Homes in Rowland have sold for 26.7% less than they did a month ago.

Summary: The median home sold price in Rowland was $110,000 in October 2024, down 26.7% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$110K
N/A
4 --
N/A
5+ $150K-
N/A

Summary: Rowland housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 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

Rowland
-26.7%
Rowland Township
-26.7%

Housing Supply in Rowland, NC

How many homes are available in Rowland, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The Rowland real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 22
0.0%
5+ 33
0.0%

Summary: The Rowland 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rowland, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Rowland in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Rowland, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
84 Days14 Days-83.3%

Summary: Homes in Rowland had an average of 14 days on market in Oct 2024, down by 83.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Rowland are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Rowland; 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 5 Days Ago

Newest Listings in Rowland, NC

Nearby Markets to Rowland, NC