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 buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pikeville Township was a Seller's Market.

Key Takeaway

Pikeville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pikeville Township, NC

How much do homes in Pikeville Township, NC cost?

Median Sold Price

$296,995

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,000(+2.1%)

Key Takeaway

Homes in Pikeville Township have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Pikeville Township was $296,995 in November 2024, up 2.1% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $169.9K$158K
-7.0%
3 $280K$280K
0.0%
4 $315K$324.4K
+3.0%
5+ $365K-
N/A

Summary: Pikeville Township 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 decreased by 7%, 3 bedroom homes did not change, 4 bedroom homes increased by 3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Nahunta Township
+18.2%
Stoney Creek Township
+2.2%
Pikeville Township
+2.1%
Pikeville
+1.7%
Buck Swamp Township
+0.8%

Housing Supply in Pikeville Township, NC

How many homes are available in Pikeville Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8268-17.1%

Summary: The Pikeville Township real estate market had 68 homes for sale in November 2024, a 17.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 6653
-19.7%
4 1414
0.0%
5+ 00
0.0%

Summary: The Pikeville Township 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 decreased by 50%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
227-68.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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 7 homes were sold or pending in Pikeville Township in November 2024, down by 68.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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

Nov 2023Nov 2024CHANGE
29 Days87 Days+197.4%

Summary: Homes in Pikeville Township had an average of 87 days on market in Nov 2024, up by 197.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Pikeville Township; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 21 Days Ago

Newest Listings in Pikeville Township, NC

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What housing markets are near Pikeville Township, NC?