Is Ruffin Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ruffin Township has remained a Seller's Market.
Housing Prices in Ruffin Township, NC
How much do homes in Ruffin Township, NC cost?
Median Sold Price
$191,450
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ruffin Township was $191,450 in May 2024, down 10.7% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $79.9K | N/A |
2 Bedrooms | $118K | $108.5K | -8.1% |
3 Bedrooms | $215K | $195K | -9.3% |
4 Bedrooms | $285K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Ruffin Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Wentworth Township | $234K | $270K | +15.4% |
Reidsville Township | $203.8K | $222.7K | +9.3% |
Leaksville Township | $151.8K | $156.7K | +3.2% |
Ruffin Township | $214.5K | $191.4K | -10.7% |
Housing Supply in Ruffin Township, NC
How many homes are available in Ruffin Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Summary: The Ruffin Township real estate market had 11 homes for sale in May 2024, a 10.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Ruffin Township housing inventory by bedroom type for May 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 increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Ruffin Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Ruffin Township, NC
How long does it take to sell a home in Ruffin Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 8 Days | -64.7% |
Summary: Homes in Ruffin Township had an average of 8 days on market in May 2024, down by 64.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Ruffin Township; 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.