Is Rock Creek Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Creek Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Rock Creek Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rock Creek Township, NC

How much do homes in Rock Creek Township, NC cost?

Median Sold Price

$325,990

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,573(+2.1%)

Key Takeaway

Homes in Rock Creek Township have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Rock Creek Township was $325,990 in April 2024, up 2.1% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $96K$62.5K
-34.9%
2 $225K$215.5K
-4.2%
3 $294.5K$300K
+1.9%
4 $380K$385K
+1.3%
5+ $480.4K$405K
-15.7%

Summary: Rock Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.9%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 15.7%.

Median Sold Price Compared To Nearby Cities

Gibsonville
+5.0%
Rock Creek Township
+2.1%
Whitsett
0%
Burlington
-2.2%

Housing Supply in Rock Creek Township, NC

How many homes are available in Rock Creek Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
144150+4.2%

Summary: The Rock Creek Township real estate market had 150 homes for sale in April 2024, a 4.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2119
-9.5%
3 3332
-3.0%
4 7485
+14.9%
5+ 1614
-12.5%

Summary: The Rock Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2742+55.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 42 homes were sold or pending in Rock Creek Township in April 2024, up by 55.6% month-over-month. Of the 42 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Rock Creek Township, NC

How long does it take to sell a home in Rock Creek Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days66 Days+2.6%

Summary: Homes in Rock Creek Township had an average of 66 days on market in Apr 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 42 homes were sold in Rock Creek Township; 40% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 31% 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 14 Days Ago

Newest Listings in Rock Creek Township, NC

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