$55,000
1.04 Acres
Land
#100479434, Listing Office: Coldwell Banker Sea Coast Advantage - Washington
Is Pantego Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pantego Township was a Seller's Market.
Key Takeaway
Pantego Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pantego Township, NC
How much do homes in Pantego Township, NC cost?
Median Sold Price
$277,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,550(+8.8%)
Key Takeaway
Homes in Pantego Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Pantego Township was $277,500 in November 2024, up 8.8% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $255K | +64.5% |
| 2 Bedrooms | $251K | $319.5K | +27.3% |
| 3 Bedrooms | $208.5K | $262.4K | +25.9% |
| 4 Bedrooms | $305K | $280K | -8.2% |
| 5+ Bedrooms | $507K | - | N/A |
Summary: Pantego Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.5%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bath Township | $365.7K | $420K | +14.8% |
| Pantego Township | $254.9K | $277.5K | +8.8% |
Housing Supply in Pantego Township, NC
How many homes are available in Pantego Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Pantego Township real estate market had 29 homes for sale in November 2024, a 20.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Pantego Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pantego Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Pantego Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pantego Township, NC
How long does it take to sell a home in Pantego Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 97 Days | +910.4% |
Summary: Homes in Pantego Township had an average of 97 days on market in Nov 2024, up by 910.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Pantego Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Pantego Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
