Is Pine Level Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Level Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Pine Level Township, NC

How much do homes in Pine Level Township, NC cost?

Median Sold Price

$295,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$6,950(-2.3%)

Key Takeaway

Homes in Pine Level Township have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Pine Level Township was $295,000 in September 2024, down 2.3% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $215K$210K
-2.3%
3 $301.9K$298K
-1.3%
4 $500K$286K
-42.8%
5+ -$1.1M
N/A

Summary: Pine Level Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 42.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pine Level Township
-2.3%
Selma Township
-3.3%
Selma
-5.5%
Micro Township
-8.7%

Housing Supply in Pine Level Township, NC

How many homes are available in Pine Level Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1310-23.1%

Summary: The Pine Level Township real estate market had 10 homes for sale in September 2024, a 23.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 96
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Pine Level Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Level Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pine Level Township in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pine Level Township, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
49 Days28 Days-43.2%

Summary: Homes in Pine Level Township had an average of 28 days on market in Sep 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Pine Level Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

Newest Listings in Pine Level Township, NC

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