Is Pikeville 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, Pikeville Township has remained a Seller's Market.
Key Takeaway
Pikeville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pikeville Township, NC
How much do homes in Pikeville Township, NC cost?
Median Sold Price
$294,900
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pikeville Township have sold for 1% more than they did a year ago.
Summary: The median home sold price in Pikeville Township was $294,900 in May 2024, up 1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | - | N/A |
| 2 Bedrooms | $262K | $146.5K | -44.1% |
| 3 Bedrooms | $278.5K | $280K | 0.5% |
| 4 Bedrooms | $354.9K | $318K | -10.4% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Pikeville Township 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 44.1%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nahunta Township | $229.5K | $245K | +6.8% |
| Pikeville Township | $292K | $294.9K | +1.0% |
| Stoney Creek Township | $282.7K | $285K | +0.8% |
| Buck Swamp Township | $297.9K | $300K | +0.7% |
| Pikeville | $295K | $294.9K | 0% |
Housing Supply in Pikeville Township, NC
How many homes are available in Pikeville Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 63 | +10.5% |
Summary: The Pikeville Township real estate market had 63 homes for sale in May 2024, a 10.5% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 41 | 46 | +12.2% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pikeville 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 decreased by 33.3%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pikeville Township, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Pikeville Township in May 2024, down by 11.8% month-over-month. Of the 15 sold homes, 33% were sold under asking, 53% were sold at asking, and 13% were sold over asking.
Days on Market for Pikeville Township, NC
How long does it take to sell a home in Pikeville Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 60 Days | 18 Days | -69.9% |
Summary: Homes in Pikeville Township had an average of 18 days on market in May 2024, down by 69.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pikeville Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Pikeville Township; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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