Is Pleasant Grove Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Grove Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Pleasant Grove Township has remained a Seller's Market.

Key Takeaway

Pleasant Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pleasant Grove Township, NC

How much do homes in Pleasant Grove Township, NC cost?

Median Sold Price

$375,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,802(-1.8%)

Key Takeaway

Homes in Pleasant Grove Township have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Pleasant Grove Township was $375,000 in November 2024, down 1.8% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180K$275.7K
+53.2%
3 $342.2K$354.9K
+3.7%
4 $480K$458.7K
-4.4%
5+ $598.4K$539.1K
-9.9%

Summary: Pleasant Grove Township 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 increased by 53.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 9.9%.

Median Sold Price Compared To Nearby Cities

Elevation Township
+8.8%
Willow Spring
+1.7%
Black River Township
+1.0%
Pleasant Grove Township
-1.8%
Cleveland Township
-2.6%

Housing Supply in Pleasant Grove Township, NC

How many homes are available in Pleasant Grove Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9875-23.5%

Summary: The Pleasant Grove Township real estate market had 75 homes for sale in November 2024, a 23.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 7155
-22.5%
4 2214
-36.4%
5+ 34
+33.3%

Summary: The Pleasant Grove Township 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 remained the same, 3 bedroom homes decreased by 22.5%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2515-40.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Grove Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Pleasant Grove Township in November 2024, down by 40.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Pleasant Grove Township, NC

How long does it take to sell a home in Pleasant Grove Township, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
135 Days38 Days-71.9%

Summary: Homes in Pleasant Grove Township had an average of 38 days on market in Nov 2024, down by 71.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pleasant Grove Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Pleasant Grove Township; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

Newest Listings in Pleasant Grove Township, NC

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