Is Pink Hill, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pink Hill is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pink Hill has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pink Hill, NC

How much do homes in Pink Hill, NC cost?

Median Sold Price

$280,000

$181/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$17,000(-5.7%)

Key Takeaway

Homes in Pink Hill have sold for 5.7% less than they did a month ago.

Summary: The median home sold price in Pink Hill was $280,000 in October 2024, down 5.7% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $297K$280K
-5.7%
4 --
N/A
5+ --
N/A

Summary: Pink Hill 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 decreased by 5.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pink Hill
-5.7%
Pink Hill
-5.7%
Pink Hill Township
-5.7%
Smith Township
-6.6%
Deep Run
-10.9%

Housing Supply in Pink Hill, NC

How many homes are available in Pink Hill, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1310-23.1%

Summary: The Pink Hill real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 129
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Pink Hill 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 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 Pink Hill, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Pink Hill in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Pink Hill, NC

How long does it take to sell a home in Pink Hill, NC?

Average Sale Time

Sep 2024Oct 2024CHANGE
32 Days70 Days+115.4%

Summary: Homes in Pink Hill had an average of 70 days on market in Oct 2024, up by 115.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Pink Hill; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 23 Days Ago

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