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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pikeville Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Pikeville Township, NC

How much do homes in Pikeville Township, NC cost?

Median Sold Price

$294,990

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,090(+1.8%)

Key Takeaway

Homes in Pikeville Township have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Pikeville Township was $294,990 in October 2024, up 1.8% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $126K-
N/A
2 $206K$163.5K
-20.6%
3 $276K$280K
+1.4%
4 $322K$324K
+0.6%
5+ -$365K
N/A

Summary: Pikeville Township 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 increased by 1.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Nahunta Township
+10.8%
Stoney Creek Township
+2.8%
Pikeville Township
+1.8%
Pikeville
+1.0%
Buck Swamp Township
-0.3%

Housing Supply in Pikeville Township, NC

How many homes are available in Pikeville Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7182+15.5%

Summary: The Pikeville Township 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

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 5565
+18.2%
4 1315
+15.4%
5+ 00
0.0%

Summary: The Pikeville 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 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 2024Oct 2024CHANGE
1021+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pikeville Township, 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 Township 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 Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days47 Days+31.4%

Summary: Homes in Pikeville Township 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 21 homes were sold in Pikeville Township; 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.

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 Pikeville Township, NC

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What housing markets are near Pikeville Township, NC?