$7,719 Closing Credit*
$650,000
3,837 SqFt
4 Beds
•3 Full Baths, 1 Partial
Julie Roland, Listing Office: Julie Roland Realty Inc
Is Pittsboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$608,518
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$21,299(-3.4%)
Key Takeaway
Homes in Pittsboro have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Pittsboro was $608,518 in November 2024, down 3.4% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $339.3K | - | N/A |
| 2 Bedrooms | $388.5K | $386K | -0.7% |
| 3 Bedrooms | $484.9K | $469.5K | -3.2% |
| 4 Bedrooms | $807.5K | $872.5K | +8.0% |
| 5+ Bedrooms | $783.9K | $955K | +21.8% |
Summary: Pittsboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Cities
| Center Township | $499.9K | $494.2K | -1.2% |
| Pittsboro | $629.8K | $608.5K | -3.4% |
| Moncure | $619K | $472.5K | -23.7% |
Housing Supply in Pittsboro, NC
How many homes are available in Pittsboro, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 180 | 163 | -9.4% |
Summary: The Pittsboro real estate market had 163 homes for sale in November 2024, a 9.4% decrease 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 | 13 | 15 | +15.4% |
| 3 Bedrooms | 75 | 63 | -16.0% |
| 4 Bedrooms | 68 | 60 | -11.8% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Pittsboro 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 15.4%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 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. 59.3% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Pittsboro in November 2024, down by 10.0% month-over-month. Of the 27 sold homes, 59% were sold under asking, 11% were sold at asking, and 30% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 148 Days | 58 Days | -61.0% |
Summary: Homes in Pittsboro had an average of 58 days on market in Nov 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 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 November 2024, 27 homes were sold in Pittsboro; 48% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.