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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pigeon Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Pigeon Township has remained a Seller's Market.

Key Takeaway

Pigeon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pigeon Township, NC

How much do homes in Pigeon Township, NC cost?

Median Sold Price

$349,500

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,500(+1.6%)

Key Takeaway

Homes in Pigeon Township have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Pigeon Township was $349,500 in November 2024, up 1.6% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $162.5K$353.7K
+117.7%
2 $250K$227K
-9.2%
3 $373K$387K
+3.8%
4 -$434.9K
N/A
5+ --
N/A

Summary: Pigeon Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 117.7%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Waynesville Township
+6.1%
Beaverdam Township
+5.6%
Pigeon Township
+1.6%
Clyde Township
+1.2%

Housing Supply in Pigeon Township, NC

How many homes are available in Pigeon Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2521-16.0%

Summary: The Pigeon Township real estate market had 21 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 53
-40.0%
3 1717
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Pigeon Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pigeon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pigeon Township in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pigeon Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days67 Days+93.6%

Summary: Homes in Pigeon Township had an average of 67 days on market in Nov 2024, up by 93.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pigeon Township has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Pigeon Township; 25% of homes were sold within 30 days, 50% 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 2 Days Ago

Newest Listings in Pigeon Township, NC

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