$7,124 Closing Credit*
$599,900
2,100 SqFt
3 Beds
•2 Full Baths
Taylor Coalson, Listing Office: The Granite City Group
Is Pinnacle, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Pinnacle was a Seller's Market.
Key Takeaway
Pinnacle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pinnacle, NC
How much do homes in Pinnacle, NC cost?
Median Sold Price
$198,000
$141/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$67,000(-25.3%)
Key Takeaway
Homes in Pinnacle have sold for 25.3% less than they did a month ago.
Summary: The median home sold price in Pinnacle was $198,000 in November 2024, down 25.3% from last month, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $385K | $198K | -48.6% |
| 3 Bedrooms | $265K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pinnacle housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pilot Mountain | $276.2K | $332.5K | +20.4% |
| Pinnacle | $265K | $198K | -25.3% |
Housing Supply in Pinnacle, NC
How many homes are available in Pinnacle, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Pinnacle real estate market had 12 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pinnacle 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pinnacle, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Pinnacle in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pinnacle, NC
How long does it take to sell a home in Pinnacle, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 9 Days | -78.3% |
Summary: Homes in Pinnacle had an average of 9 days on market in Nov 2024, down by 78.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pinnacle are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Pinnacle; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
