$2,362 Closing Credit*
$198,900
1,050 SqFt
3 Beds
•1 Full Bath
Maggie Cockerham, Listing Office: Rogers Realty & Auction Co., Inc.
Is Pinnacle, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pinnacle has remained a Seller's Market.
Key Takeaway
Pinnacle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pinnacle, NC
How much do homes in Pinnacle, NC cost?
Median Sold Price
$295,900
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,050(+5.4%)
Key Takeaway
Homes in Pinnacle have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Pinnacle was $295,900 in October 2024, up 5.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $332.5K | $269K | -19.1% |
| 3 Bedrooms | $260K | $275K | +5.8% |
| 4 Bedrooms | $389K | $612.5K | +57.5% |
| 5+ Bedrooms | $449K | $830K | +84.9% |
Summary: Pinnacle 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 decreased by 19.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 57.5%, and 5+ bedroom homes increased by 84.9%.
Median Sold Price Compared To Nearby Cities
| Pilot Mountain | $255.7K | $295K | +15.3% |
| Pinnacle | $280.8K | $295.9K | +5.4% |
| Yadkin Township | $281.6K | $286.5K | +1.7% |
Housing Supply in Pinnacle, NC
How many homes are available in Pinnacle, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Pinnacle real estate market had 13 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pinnacle 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
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 Pinnacle, 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 Pinnacle in October 2024, up by 150.0% 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 Pinnacle, NC
How long does it take to sell a home in Pinnacle, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 41 Days | +13.4% |
Summary: Homes in Pinnacle had an average of 41 days on market in Oct 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pinnacle has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Pinnacle; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
