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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pee Dee Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Pee Dee Township has remained a Buyer's Market.

Key Takeaway

Pee Dee Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pee Dee Township, NC

How much do homes in Pee Dee Township, NC cost?

Median Sold Price

$465,000

$230/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$175,000(-27.3%)

Key Takeaway

Homes in Pee Dee Township have sold for 27.3% less than they did a month ago.

Summary: The median home sold price in Pee Dee Township was $465,000 in November 2024, down 27.3% from last month, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $78K$130K
+66.7%
2 $799K$800K
0.1%
3 $392.5K$90K
-77.1%
4 $1.3M$1.2M
-3.8%
5+ --
N/A

Summary: Pee Dee Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 0.1%, 3 bedroom homes decreased by 77.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pee Dee Township
-27.3%
Uwharrie Township
-37.8%

Housing Supply in Pee Dee Township, NC

How many homes are available in Pee Dee Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5452-3.7%

Summary: The Pee Dee Township real estate market had 52 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1616
0.0%
2 1618
+12.5%
3 1411
-21.4%
4 66
0.0%
5+ 21
-50.0%

Summary: The Pee Dee 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 12.5%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were 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 Pee Dee Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pee Dee Township in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Pee Dee Township, NC

How long does it take to sell a home in Pee Dee Township, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
102 Days84 Days-17.7%

Summary: Homes in Pee Dee Township had an average of 84 days on market in Nov 2024, down by 17.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Pee Dee Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Pee Dee Township, NC

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