12 minutes on Rocket
$5,819 Closing Credit¹
#10102352, Diana Cantrell, Listing office: Cantrell Real Estate Group LLC
Flat River Township Housing Market Report May 2025•Person County, North Carolina
Housing Prices in Flat River Township, NC
How much do homes in Flat River Township, NC cost?
Housing Market Conditions
Is Flat River Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Flat River Township is a Neutral Market
Difference Since May 2024
At the same time last year, Flat River Township was a Seller's Market.
Insight
Flat River Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$348,500$220/SqFt
+$25,050
+7.7%
Based on all homes sold in the last 12 months
Insight
Homes in Flat River Township have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Flat River Township was $348,500 in May 2025, up 7.7% from last year, and the median price per square foot was $220.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Flat River Township | $323.4K | $348.5K | +7.7% |
| Mount Tirzah Township | $347.5K | $350K | +0.7% |
| Timberlake | $397.5K | $399K | 0.4% |
| Rougemont | $373.5K | $360K | -3.6% |
| Hurdle Mills | $385K | $345K | -10.4% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $380K | $282.5K | -25.7% |
| 33 Bedrooms | $323.4K | $360K | +11.3% |
| 44 Bedrooms | $311.9K | $323.9K | +3.8% |
| 55+ Bedrooms | - | - | N/A |
Summary: Flat River Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -25.7%. The home price for 3 bedroom homes increased by +11.3%. The home price for 4 bedroom homes increased by +3.8%. The home price for 5 bedroom homes did not change.
How does Flat River Township, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Flat River Township, NC
Housing supply in Flat River Township, NC
How many homes are available in Flat River Township, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 38Last MonthMay 2025 | ||
| 332 months agoApr 2025 | +15.2 % Change MoMApr – May |
Summary: The Flat River Township real estate market had 38 homes for sale in May 2025, a 15.2 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthMay 2025 | ||
| 42 months agoApr 2025 | +50.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 29 | 35 | +20.7% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Flat River Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.7%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Flat River Township, NC cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Flat River Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Flat River Township in May 2025, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and and 17% were sold over asking.
Days on Market for Flat River Township, NC
How long does it take to sell a home in Flat River Township, NC?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Flat River Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 6 homes were sold in Flat River Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 50 DaysThis YearMay 2025 | ||
| 44 Days1 year agoMay 2024 | +12.3 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Flat River Township had an average listing age of 50 days in May 2025, up by 12.3% compared to the previous year.
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Newest Listings in Flat River Township, NC
What homes are available in Flat River Township, NC?
5 hours on Rocket
$3,086 Closing Credit¹
#10102251, David M Whitt, Listing office: Pointer & Associates
17 hours on Rocket
$6,519 Closing Credit¹
#10102198, Melanie Theodorou, Listing office: Yolanda Martin Homes
3 days on Rocket
$2,672 Closing Credit¹
#10101666, Kelli Meyer, Listing office: SOLD BUY ME REALTY
$3,621 Closing Credit¹
#10099341, Dayne Luck, Listing office: LGI Realty NC, LLC
#10098423, Timothy Gaster, Listing office: Phelps Realty
$6,828 Closing Credit¹
#10097294, Sarai Peotdi, Listing office: Mark Spain Real Estate
#10096870, Diane R Cash, Listing office: Keller Williams Elite Realty
$5,819 Closing Credit¹
#10095656, Lauren Michele Kniss, Michele Lucente, Listing office: Costello Real Estate & Investm
$6,530 Closing Credit¹
#10095052, Sherry H Clayton, Listing office: Keller Williams Central
$6,828 Closing Credit¹
#10093294, Laura Burlage, Listing office: BURLAGE REALTY LLC
$6,828 Closing Credit¹
#10093290, Laura Burlage, Listing office: BURLAGE REALTY LLC
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, for the period 06/01/2023 - 06/01/2025
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 2:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.