Is Pactolus Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pactolus Township has remained a Seller's Market.
Housing Prices in Pactolus Township, NC
How much do homes in Pactolus Township, NC cost?
Median Sold Price
$265,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pactolus Township was $265,000 in May 2024, up 66.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $100K | $78.5K | -21.5% |
3 Bedrooms | $186.2K | $267.5K | +43.6% |
4 Bedrooms | $215K | $262.5K | +22.1% |
5+ Bedrooms | $230K | $245K | +6.5% |
Summary: Pactolus Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.5%, 3 bedroom homes increased by 43.6%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Pactolus Township | $159K | $265K | +66.7% |
Washington Township | $232K | $264.4K | +14.0% |
Grimesland Township | $310.3K | $302.9K | -2.4% |
Housing Supply in Pactolus Township, NC
How many homes are available in Pactolus Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Summary: The Pactolus Township real estate market had 8 homes for sale in May 2024, a 11.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pactolus Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Pactolus Township in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Pactolus Township, NC
How long does it take to sell a home in Pactolus Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 14 Days | -63.9% |
Summary: Homes in Pactolus Township had an average of 14 days on market in May 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Pactolus Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.