$9,078 Closing Credit*
$764,500
2,702 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Carolina Property Sales
Is Whispering Pines, 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, Whispering Pines has remained a Seller's Market.
Key Takeaway
Whispering Pines is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Whispering Pines, NC
How much do homes in Whispering Pines, NC cost?
Median Sold Price
$532,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,000(+7.5%)
Key Takeaway
Homes in Whispering Pines have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Whispering Pines was $532,000 in October 2024, up 7.5% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $335K | $345K | +3.0% |
| 3 Bedrooms | $450K | $484.5K | +7.7% |
| 4 Bedrooms | $552.5K | $603K | +9.1% |
| 5+ Bedrooms | $619K | $647.5K | +4.6% |
Summary: Whispering Pines 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 increased by 3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Cities
| Southern Pines | $501.5K | $545K | +8.7% |
| Whispering Pines | $495K | $532K | +7.5% |
Housing Supply in Whispering Pines, NC
How many homes are available in Whispering Pines, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Whispering Pines real estate market had 26 homes for sale in October 2024, a 7.1% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 15 | -16.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Whispering Pines 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 decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Whispering Pines, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Whispering Pines in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 42% were sold at asking, and 8% were sold over asking.
Days on Market for Whispering Pines, NC
How long does it take to sell a home in Whispering Pines, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 74 Days | +30.7% |
Summary: Homes in Whispering Pines had an average of 74 days on market in Oct 2024, up by 30.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Whispering Pines are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Whispering Pines; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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