Is Rutherfordton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rutherfordton has remained a Seller's Market.
Housing Prices in Rutherfordton, NC
How much do homes in Rutherfordton, NC cost?
Median Sold Price
$299,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rutherfordton was $299,500 in April 2024, up 14.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $287K | +19.6% |
2 Bedrooms | $160.5K | $210K | +30.8% |
3 Bedrooms | $298.7K | $300K | 0.4% |
4 Bedrooms | $340K | $340K | 0.0% |
5+ Bedrooms | $592K | $544K | -8.1% |
Summary: Rutherfordton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
Rutherfordton | $262.1K | $299.5K | +14.3% |
Rutherfordton Township | $234K | $250K | +6.8% |
Spindale | $164K | $160K | -2.4% |
Housing Supply in Rutherfordton, NC
How many homes are available in Rutherfordton, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 | 95 | +4.4% |
Summary: The Rutherfordton real estate market had 95 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 20 | 24 | +20.0% |
3 Bedrooms | 47 | 46 | -2.1% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Rutherfordton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Rutherfordton in April 2024, down by 20.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for Rutherfordton, NC
How long does it take to sell a home in Rutherfordton, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 33 Days | +30.6% |
Summary: Homes in Rutherfordton had an average of 33 days on market in Apr 2024, up by 30.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Rutherfordton; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.