$293,750
23.30 Acres
Land
Mark Rogers, Listing Office: Rogers Realty & Auction Co., Inc.
Is Pfafftown, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Pfafftown has remained a Seller's Market.
Key Takeaway
Pfafftown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pfafftown, NC
How much do homes in Pfafftown, NC cost?
Median Sold Price
$350,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,250(+5.2%)
Key Takeaway
Homes in Pfafftown have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Pfafftown was $350,500 in November 2024, up 5.2% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | - | N/A |
| 2 Bedrooms | $198.2K | $300K | +51.3% |
| 3 Bedrooms | $299.9K | $310K | +3.4% |
| 4 Bedrooms | $400K | $438K | +9.5% |
| 5+ Bedrooms | $480K | $504K | +5.0% |
Summary: Pfafftown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Old Richmond Township | $265K | $285K | +7.5% |
| Pfafftown | $333.2K | $350.5K | +5.2% |
| Vienna Township | $455K | $455K | 0.0% |
Housing Supply in Pfafftown, NC
How many homes are available in Pfafftown, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 68 | +17.2% |
Summary: The Pfafftown real estate market had 68 homes for sale in November 2024, a 17.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 36 | 43 | +19.4% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Pfafftown 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 100%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pfafftown, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Pfafftown in November 2024, down by 13.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for Pfafftown, NC
How long does it take to sell a home in Pfafftown, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 19 Days | -44.1% |
Summary: Homes in Pfafftown had an average of 19 days on market in Nov 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pfafftown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Pfafftown; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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