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

$640,000

$342/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$490,000(+326.7%)

Key Takeaway

Homes in Pee Dee Township have sold for 326.7% more than they did a month ago.

Summary: The median home sold price in Pee Dee Township was $640,000 in October 2024, up 326.7% from last month, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $119.5K$78K
-34.7%
2 $157.5K$799K
+407.3%
3 $360K$392.5K
+9.0%
4 -$1.3M
N/A
5+ --
N/A

Summary: Pee Dee Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 34.7%, 2 bedroom homes increased by 407.3%, 3 bedroom homes increased by 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pee Dee Township, NC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5860+3.4%

Summary: The Pee Dee Township real estate market had 60 homes for sale in October 2024, a 3.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1818
0.0%
2 1618
+12.5%
3 1616
0.0%
4 66
0.0%
5+ 22
0.0%

Summary: The Pee Dee 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 increased by 12.5%, 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
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Pee Dee Township in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
53 Days102 Days+92.2%

Summary: Homes in Pee Dee Township had an average of 102 days on market in Oct 2024, up by 92.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pee Dee Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 5 homes were sold in Pee Dee Township; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 80% 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 20 Days Ago

Newest Listings in Pee Dee Township, NC

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