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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruffin is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Ruffin has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ruffin, NC

How much do homes in Ruffin, NC cost?

Median Sold Price

$257,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,500(+19.8%)

Key Takeaway

Homes in Ruffin have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Ruffin was $257,500 in November 2024, up 19.8% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$197.9K
N/A
3 $215K$300K
+39.5%
4 $362.7K-
N/A
5+ --
N/A

Summary: Ruffin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 39.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ruffin
+19.8%
Ruffin Township
+17.8%

Housing Supply in Ruffin, NC

How many homes are available in Ruffin, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Ruffin real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 65
-16.7%
4 01
+100.0%
5+ 00
0.0%

Summary: The Ruffin 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruffin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ruffin in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ruffin, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days18 Days-45.3%

Summary: Homes in Ruffin had an average of 18 days on market in Nov 2024, down by 45.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Ruffin; 67% of homes were sold within 30 days, 33% 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 21 Days Ago

Newest Listings in Ruffin, NC

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