Richlands Township Housing Market Report February 2025•Onslow County, North Carolina

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Housing Prices in Richlands Township, NC

How much do homes in Richlands Township, NC cost?

Housing Market Conditions

Is Richlands 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

Richlands Township is a Seller's Market

Difference Since February 2024

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

Insight

Richlands 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.
$279,925$170/SqFt
+$21,754
+8.4%

Based on all homes sold in the last 12 months

Insight

Homes in Richlands Township have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Richlands Township was $279,925 in February 2025, up 8.4% from last year, and the median price per square foot was $170.

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
Richlands
+9.5%
Richlands Township
+8.4%
Jacksonville Township
+5.4%

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.
BedsFeb 2024Feb 2025Change YoY
1-$42K
N/A
2$164K$165K
+0.6%
3$250K$265K
+6.0%
4$302.4K$335K
+10.8%
5$394.5K$400.7K
+1.6%

Summary: Richlands Township housing price by bedroom type for February 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 +0.6%. The home price for 3 bedroom homes increased by +6.0%. The home price for 4 bedroom homes increased by +10.8%. The home price for 5 bedroom homes increased by +1.6%.

How does Richlands Township, NC compare with other places?

Market comparison tool

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

Richlands Township, NC

Housing supply in Richlands Township, NC

How many homes are available in Richlands 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
150Last MonthFeb 2025
1482 months agoJan 2025
+1.4 %
Change MoMJan – Feb

Summary: The Richlands Township real estate market had 150 homes for sale in Feb 2025, a 1.4 % increase compared to Jan 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
28Last MonthFeb 2025
342 months agoJan 2025
-17.6 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
246
+50.0%
3106102
-3.8%
42831
+10.7%
51011
+10.0%

Summary: Richlands Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes decreased by -3.8%. The inventory for 4 bedroom homes increased by +10.7%. The inventory for 5 bedroom homes increased by +10.0%.

Asking Price vs. Sold Price

How much do homes in Richlands 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 Price11 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in Richlands Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Richlands Township in February 2025, down by 17.6% month-over-month. Of the 28 sold homes, 43% were sold under asking, 39% were sold at asking, and and 18% were sold over asking.

Days on Market for Richlands Township, NC

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

Breakdown of Home Sale Times

Under 30 Days14 Homes

30 – 90 Days11 Homes

Over 90 Days3 Homes

Insight

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

Summary: During February 2025, 28 homes were sold in Richlands Township; 50% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 11% 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
40 DaysThis YearFeb 2025
62 Days1 year agoFeb 2024
-35.2 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Richlands Township had an average listing age of 40 days in Feb 2025, down by 35.2% compared to the previous year.

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Newest Listings in Richlands Township, NC

What homes are available in Richlands Township, NC?

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MLS Disclaimers and Copyright

Based on information from Hive MLS, for the period 03/01/2023 - 03/01/2025

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: 3/15/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.