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Flat River Township Housing Market Report June 2025•Person County, North Carolina

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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?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Flat River Township is a Seller's Market

Difference Since June 2024

Since last year, Flat River Township has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$365,000$223/SqFt
+$43,100
+13.4%

Based on all homes sold in the last 12 months

Insight

Homes in Flat River Township have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Flat River Township was $365,000 in June 2025, up 13.4% from last year, and the median price per square foot was $223.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Flat River Township
+13.4%
Timberlake
+7.2%
Rougemont
+5.1%
Hurdle Mills
+5.0%
Mount Tirzah Township
-1.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$329.5K$446.2K
+35.4%
3$321.9K$380K
+18.0%
4$311.9K$322.9K
+3.5%
5--
N/A

Summary: Flat River Township housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +35.4%. The home price for 3 bedroom homes increased by +18.0%. The home price for 4 bedroom homes increased by +3.5%. 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

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
43Last MonthJun 2025
352 months agoMay 2025
+22.9 %
Change MoMMay – Jun

Summary: The Flat River Township real estate market had 43 homes for sale in Jun 2025, a 22.9 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
13Last MonthJun 2025
62 months agoMay 2025
+116.7 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
222
0.0%
33237
+15.6%
414
+300.0%
500
0.0%

Summary: Flat River Township housing inventory by bedroom type for June 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 +15.6%. The inventory for 4 bedroom homes increased by +300.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Flat River Township, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price4 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Flat River Township, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Flat River Township in June 2025, up by 116.7% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and and 38% 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 Days9 Homes

30 – 90 Days3 Homes

Over 90 Days1 Home

Insight

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

Summary: During June 2025, 13 homes were sold in Flat River Township; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
25 DaysThis YearJun 2025
56 Days1 year agoJun 2024
-54.9 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Flat River Township had an average listing age of 25 days in Jun 2025, down by 54.9% 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?

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Nearby markets

Popular Cities with Homes for Sale in North Carolina

MLS Disclaimers and Copyright

Based on information from Doorify MLS, for the period 07/01/2023 - 07/01/2025

IDX 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: 7/16/2025, 11:40:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.