Is Pilot Mountain, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pilot Mountain is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pilot Mountain was a Neutral Market.

Key Takeaway

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

Housing Prices in Pilot Mountain, NC

How much do homes in Pilot Mountain, NC cost?

Median Sold Price

$295,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,250(+15.3%)

Key Takeaway

Homes in Pilot Mountain have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Pilot Mountain was $295,000 in October 2024, up 15.3% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $135K-
N/A
2 $182.5K$224.9K
+23.2%
3 $275K$278.7K
+1.3%
4 $370K$434.9K
+17.5%
5+ -$825K
N/A

Summary: Pilot Mountain 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 increased by 23.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pilot Mountain
+15.3%
Pinnacle
+5.4%

Housing Supply in Pilot Mountain, NC

How many homes are available in Pilot Mountain, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
20200.0%

Summary: The Pilot Mountain real estate market had 20 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1313
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Pilot Mountain 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pilot Mountain, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pilot Mountain in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Pilot Mountain, NC

How long does it take to sell a home in Pilot Mountain, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days75 Days+1400.0%

Summary: Homes in Pilot Mountain had an average of 75 days on market in Oct 2024, up by 1400% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Pilot Mountain; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Pilot Mountain, NC

Nearby Markets to Pilot Mountain, NC

What housing markets are near Pilot Mountain, NC?