Is Rolesville, 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, Rolesville has remained a Seller's Market.
Key Takeaway
Rolesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rolesville, NC
How much do homes in Rolesville, NC cost?
Median Sold Price
$525,700
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rolesville have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Rolesville was $525,700 in May 2024, down 4.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $282K | +15.1% |
| 3 Bedrooms | $413.6K | $383.9K | -7.2% |
| 4 Bedrooms | $565K | $563.5K | -0.3% |
| 5+ Bedrooms | $664K | $587.4K | -11.5% |
Summary: Rolesville 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 15.1%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Wake Forest Township | $490.4K | $513.1K | +4.6% |
| Wake Forest | $525.7K | $539.2K | +2.6% |
| Rolesville | $547.9K | $525.7K | -4.1% |
Housing Supply in Rolesville, NC
How many homes are available in Rolesville, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 82 | +18.8% |
Summary: The Rolesville real estate market had 82 homes for sale in May 2024, a 18.8% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 33 | 32 | -3.0% |
| 4 Bedrooms | 21 | 30 | +42.9% |
| 5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Rolesville 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 decreased by 3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rolesville, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Rolesville in May 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.
Days on Market for Rolesville, NC
How long does it take to sell a home in Rolesville, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 97 Days | 41 Days | -58.0% |
Summary: Homes in Rolesville had an average of 41 days on market in May 2024, down by 58% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rolesville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Rolesville; 67% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.