Is Pineville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pineville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Pineville, NC

How much do homes in Pineville, NC cost?

Median Sold Price

$440,420

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$26,420(+6.4%)

Key Takeaway

Homes in Pineville have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Pineville was $440,420 in May 2024, up 6.4% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $105K-
N/A
2 $292.5K$320K
+9.4%
3 $408.1K$439.9K
+7.8%
4 $510.5K$480K
-6.0%
5+ $520K$585K
+12.5%

Summary: Pineville 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 increased by 9.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Cities

Pineville
+6.4%
Charlotte
+4.9%

Housing Supply in Pineville, NC

How many homes are available in Pineville, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5857-1.7%

Summary: The Pineville real estate market had 57 homes for sale in May 2024, a 1.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 77
0.0%
3 3131
0.0%
4 1918
-5.3%
5+ 11
0.0%

Summary: The Pineville 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 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
2021+5.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pineville, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Pineville in May 2024, up by 5.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.

Days on Market for Pineville, NC

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

Average Sale Time

May 2023May 2024CHANGE
13 Days8 Days-33.9%

Summary: Homes in Pineville had an average of 8 days on market in May 2024, down by 33.9% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 21 homes were sold in Pineville; 90% of homes were sold within 30 days, 10% 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 1 Day Ago

Newest Listings in Pineville, NC

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