Is Eastwind / Piney Acres, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastwind / Piney Acres is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Eastwind / Piney Acres has remained a Seller's Market.

Key Takeaway

Eastwind / Piney Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Eastwind / Piney Acres, NC

How much do homes in Eastwind / Piney Acres, NC cost?

Median Sold Price

$537,973

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$114,973(+27.2%)

Key Takeaway

Homes in Eastwind / Piney Acres have sold for 27.2% more than they did a year ago.

Summary: The median home sold price in Eastwind / Piney Acres was $537,973 in October 2024, up 27.2% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$339.9K
N/A
3 $395.5K$400.7K
+1.3%
4 $462.5K$655.4K
+41.7%
5+ $803.7K$621.9K
-22.6%

Summary: Eastwind / Piney Acres housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 22.6%.

Housing Supply in Eastwind / Piney Acres, NC

How many homes are available in Eastwind / Piney Acres, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2422-8.3%

Summary: The Eastwind / Piney Acres real estate market had 22 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1212
0.0%
4 97
-22.2%
5+ 22
0.0%

Summary: The Eastwind / Piney Acres housing inventory by bedroom type for October 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 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastwind / Piney Acres, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Eastwind / Piney Acres in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Eastwind / Piney Acres, NC

How long does it take to sell a home in Eastwind / Piney Acres, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days85 Days+145.2%

Summary: Homes in Eastwind / Piney Acres had an average of 85 days on market in Oct 2024, up by 145.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Eastwind / Piney Acres are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in Eastwind / Piney Acres; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

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