$6,234 Closing Credit*
$525,000
2,627 SqFt
2 Beds
•2 Full Baths
Zach Sawyers, Listing Office: NextHome Dogwood
Is Pilot Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pilot Township has remained a Seller's Market.
Key Takeaway
Pilot Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pilot Township, NC
How much do homes in Pilot Township, NC cost?
Median Sold Price
$272,500
$164/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$72,500(-21.0%)
Key Takeaway
Homes in Pilot Township have sold for 21% less than they did a month ago.
Summary: The median home sold price in Pilot Township was $272,500 in October 2024, down 21% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $260K | $268.7K | +3.4% |
| 4 Bedrooms | $502.5K | - | N/A |
| 5+ Bedrooms | - | $825K | N/A |
Summary: Pilot Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pilot Township | $345K | $272.5K | -21.0% |
| Long Hill Township | $319K | $185.9K | -41.7% |
Housing Supply in Pilot Township, NC
How many homes are available in Pilot Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Pilot Township real estate market had 14 homes for sale in October 2024, a 17.6% decrease 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pilot 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 increased by 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pilot Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Pilot Township in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Pilot Township, NC
How long does it take to sell a home in Pilot Township, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 88 Days | +57.9% |
Summary: Homes in Pilot Township had an average of 88 days on market in Oct 2024, up by 57.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pilot Township has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Pilot Township; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
