Red Oak Township Housing Market Report March 2025•Nash County, North Carolina

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Housing Prices in Red Oak Township, NC

How much do homes in Red Oak Township, NC cost?

Housing Market Conditions

Is Red Oak 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

Red Oak Township is a Seller's Market

Difference Since March 2024

At the same time last year, Red Oak Township was a Buyer's Market.

Insight

Red Oak 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.
$395,100$163/SqFt
+$30,050
+8.2%

Based on all homes sold in the last 12 months

Insight

Homes in Red Oak Township have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Red Oak Township was $395,100 in March 2025, up 8.2% from last year, and the median price per square foot was $163.

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
Red Oak
+42.5%
Red Oak Township
+8.2%
Oak Level Township
+2.5%
Stony Creek Township
-0.8%

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.
BedsMar 2024Mar 2025Change YoY
1--
N/A
2$228.5K-
N/A
3$298K$384.7K
+29.1%
4$367K$392.6K
+7.0%
5$420K$427.9K
+1.9%

Summary: Red Oak Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +29.1%. The home price for 4 bedroom homes increased by +7.0%. The home price for 5 bedroom homes increased by +1.9%.

How does Red Oak Township, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Red Oak Township, NC

Housing supply in Red Oak Township, NC

How many homes are available in Red Oak 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
40Last MonthMar 2025
422 months agoFeb 2025
-4.8 %
Change MoMFeb – Mar

Summary: The Red Oak Township real estate market had 40 homes for sale in Mar 2025, a 4.8 % decrease compared to Feb 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
9Last MonthMar 2025
32 months agoFeb 2025
+200.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
211
0.0%
31820
+11.1%
41915
-21.1%
544
0.0%

Summary: Red Oak Township housing inventory by bedroom type for March 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 +11.1%. The inventory for 4 bedroom homes decreased by -21.1%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Red Oak 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 Price1 Home

At Asking Price4 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Red Oak Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Red Oak Township in March 2025, up by 200.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and and 11% were sold over asking.

Days on Market for Red Oak Township, NC

How long does it take to sell a home in Red Oak Township, NC?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days8 Homes

Insight

Most homes in Red Oak Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 9 homes were sold in Red Oak Township; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 89% 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
232 DaysThis YearMar 2025
106 Days1 year agoMar 2024
+118.6 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Red Oak Township had an average listing age of 232 days in Mar 2025, up by 118.6% compared to the previous year.

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Newest Listings in Red Oak Township, NC

What homes are available in Red Oak Township, NC?

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MLS Disclaimers and Copyright

Based on information from Hive MLS, and Doorify MLS for the period 04/01/2023 - 04/01/2025

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 4/18/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.