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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pantego Township is a buyer's market

Buyer's
Market

Difference Since October 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

$252,450

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,550(-2.9%)

Key Takeaway

Homes in Pantego Township have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Pantego Township was $252,450 in October 2024, down 2.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$255K
+64.5%
2 $319K$218.5K
-31.5%
3 $213.5K$249.9K
+17.0%
4 $310K$203K
-34.5%
5+ $507K-
N/A

Summary: Pantego Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.5%, 2 bedroom homes decreased by 31.5%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 34.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bath Township
+15.5%
Belhaven
0%
Pantego Township
-2.9%

Housing Supply in Pantego Township, NC

How many homes are available in Pantego Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
24240.0%

Summary: The Pantego Township real estate market had 24 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1414
0.0%
4 22
0.0%
5+ 33
0.0%

Summary: The Pantego Township 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pantego Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pantego Township in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
42 Days100 Days+135.8%

Summary: Homes in Pantego Township had an average of 100 days on market in Oct 2024, up by 135.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Pantego Township; 50% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Pantego Township, NC

Nearby Markets to Pantego Township, NC

What housing markets are near Pantego Township, NC?