Is Pleasant Garden, 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, Pleasant Garden has remained a Seller's Market.
Key Takeaway
Pleasant Garden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pleasant Garden, NC
How much do homes in Pleasant Garden, NC cost?
Median Sold Price
$320,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Garden have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Pleasant Garden was $320,000 in May 2024, up 4.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $199K | $159.5K | -19.8% |
| 3 Bedrooms | $287.7K | $302.4K | +5.1% |
| 4 Bedrooms | $405.5K | $439.9K | +8.5% |
| 5+ Bedrooms | $482.5K | - | N/A |
Summary: Pleasant Garden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fentress Township | $307.5K | $340K | +10.6% |
| Sumner Township | $278.1K | $303.5K | +9.1% |
| Pleasant Garden | $305K | $320K | +4.9% |
| Clay Township | $338.5K | $340K | 0.4% |
Housing Supply in Pleasant Garden, NC
How many homes are available in Pleasant Garden, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 21 | +61.5% |
Summary: The Pleasant Garden real estate market had 21 homes for sale in May 2024, a 61.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pleasant Garden 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 200%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Garden, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Pleasant Garden in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Pleasant Garden, NC
How long does it take to sell a home in Pleasant Garden, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 21 Days | +309.9% |
Summary: Homes in Pleasant Garden had an average of 21 days on market in May 2024, up by 309.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Garden are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Pleasant Garden; 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.
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