$6,332 Closing Credit*
$533,210
2,464 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jessie Kay Krieger, Listing Office: Garman Homes LLC
Is Pittsboro, 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, Pittsboro has remained a Neutral Market.
Key Takeaway
Pittsboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pittsboro, NC
How much do homes in Pittsboro, NC cost?
Median Sold Price
$609,883
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,771(-2.1%)
Key Takeaway
Homes in Pittsboro have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Pittsboro was $609,883 in October 2024, down 2.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $339.3K | - | N/A |
| 2 Bedrooms | $388.5K | $380.5K | -2.1% |
| 3 Bedrooms | $475K | $471K | -0.8% |
| 4 Bedrooms | $783.5K | $876.8K | +11.9% |
| 5+ Bedrooms | $750K | $927.5K | +23.7% |
Summary: Pittsboro 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 2.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Cities
| Pittsboro | $622.6K | $609.8K | -2.1% |
| Center Township | $498.4K | $486.1K | -2.5% |
Housing Supply in Pittsboro, NC
How many homes are available in Pittsboro, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 176 | 181 | +2.8% |
Summary: The Pittsboro real estate market had 181 homes for sale in October 2024, a 2.8% increase 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 | 13 | 13 | 0.0% |
| 3 Bedrooms | 76 | 81 | +6.6% |
| 4 Bedrooms | 60 | 64 | +6.7% |
| 5+ Bedrooms | 27 | 23 | -14.8% |
Summary: The Pittsboro 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 increased by 6.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 14.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 30 | +30.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsboro, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Pittsboro in October 2024, up by 30.4% month-over-month. Of the 30 sold homes, 37% were sold under asking, 37% were sold at asking, and 27% were sold over asking.
Days on Market for Pittsboro, NC
How long does it take to sell a home in Pittsboro, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 128 Days | 70 Days | -44.8% |
Summary: Homes in Pittsboro had an average of 70 days on market in Oct 2024, down by 44.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pittsboro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Pittsboro; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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