$3,918 Closing Credit*
$329,900
1,771 SqFt
4 Beds
•2 Full Baths
#100476367, Listing Office: RE/MAX Complete
Is Pikeville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pikeville has remained a Seller's Market.
Key Takeaway
Pikeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pikeville, NC
How much do homes in Pikeville, NC cost?
Median Sold Price
$294,990
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,995(+1.0%)
Key Takeaway
Homes in Pikeville have sold for 1% more than they did a year ago.
Summary: The median home sold price in Pikeville was $294,990 in October 2024, up 1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $206K | $163.5K | -20.6% |
| 3 Bedrooms | $280K | $280K | 0.0% |
| 4 Bedrooms | $322K | $324K | +0.6% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Pikeville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pikeville Township | $289.9K | $294.9K | +1.8% |
| Pikeville | $291.9K | $294.9K | +1.0% |
| Buck Swamp Township | $301K | $300K | -0.3% |
Housing Supply in Pikeville, NC
How many homes are available in Pikeville, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 82 | +15.5% |
Summary: The Pikeville real estate market had 82 homes for sale in October 2024, a 15.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 55 | 65 | +18.2% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pikeville 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 decreased by 33.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 21 | +110.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pikeville, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Pikeville in October 2024, up by 110.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for Pikeville, NC
How long does it take to sell a home in Pikeville, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 47 Days | +31.4% |
Summary: Homes in Pikeville had an average of 47 days on market in Oct 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pikeville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in Pikeville; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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