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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ramseur is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Ramseur, NC

How much do homes in Ramseur, NC cost?

Median Sold Price

$235,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$25,000(+11.9%)

Key Takeaway

Homes in Ramseur have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in Ramseur was $235,000 in May 2024, up 11.9% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $165K$206K
+24.8%
3 $210.2K$254K
+20.8%
4 $377.5K-
N/A
5+ $302.3K$495K
+63.7%

Summary: Ramseur 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 increased by 24.8%, 3 bedroom homes increased by 20.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 63.7%.

Median Sold Price Compared To Nearby Cities

Franklinville
+14.0%
Ramseur
+11.9%
Franklinville Township
+5.1%
Columbia Township
-3.5%

Housing Supply in Ramseur, NC

How many homes are available in Ramseur, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1617+6.3%

Summary: The Ramseur real estate market had 17 homes for sale in May 2024, a 6.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 77
0.0%
3 78
+14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Ramseur 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 increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ramseur, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Ramseur in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Ramseur, NC

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

Average Sale Time

May 2023May 2024CHANGE
32 Days69 Days+117.2%

Summary: Homes in Ramseur had an average of 69 days on market in May 2024, up by 117.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Ramseur; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Ramseur, NC

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