Is Pantego Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pantego Township has remained a Seller's Market.
Housing Prices in Pantego Township, NC
How much do homes in Pantego Township, NC cost?
Median Sold Price
$277,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pantego Township was $277,000 in May 2024, up 12% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $255K | +64.5% |
2 Bedrooms | $318.5K | $294K | -7.7% |
3 Bedrooms | $230K | $249.9K | +8.7% |
4 Bedrooms | $455K | $290K | -36.3% |
5+ Bedrooms | $507K | - | N/A |
Summary: Pantego Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.5%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 36.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pantego Township | $247.3K | $277K | +12.0% |
Bath Township | $365K | $389K | +6.6% |
Belhaven | $302.5K | $307K | +1.5% |
Housing Supply in Pantego Township, NC
How many homes are available in Pantego Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Summary: The Pantego Township real estate market had 24 homes for sale in May 2024, a 26.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pantego Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Pantego Township in May 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Pantego Township, NC
How long does it take to sell a home in Pantego Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 27 Days | -42.1% |
Summary: Homes in Pantego Township had an average of 27 days on market in May 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Pantego Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.