Is Pinehurst, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinehurst is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pinehurst was a Seller's Market.

Key Takeaway

Pinehurst is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pinehurst, TX

How much do homes in Pinehurst, TX cost?

Median Sold Price

$407,500

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,500(-2.5%)

Key Takeaway

Homes in Pinehurst have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Pinehurst was $407,500 in October 2024, down 2.5% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $188K-
N/A
3 $265.7K$270K
+1.6%
4 $500K$486K
-2.8%
5+ $667K$687K
+3.0%

Summary: Pinehurst 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 did not change, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

Northwest Harris
+5.1%
Tomball
+2.0%
Pinehurst
-2.5%

Housing Supply in Pinehurst, TX

How many homes are available in Pinehurst, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4758+23.4%

Summary: The Pinehurst real estate market had 58 homes for sale in October 2024, a 23.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1312
-7.7%
4 2839
+39.3%
5+ 67
+16.7%

Summary: The Pinehurst 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 7.7%, 4 bedroom homes increased by 39.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinehurst, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Pinehurst in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for Pinehurst, TX

How long does it take to sell a home in Pinehurst, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
89 Days45 Days-48.9%

Summary: Homes in Pinehurst had an average of 45 days on market in Oct 2024, down by 48.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Pinehurst; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Pinehurst, TX

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