Is Pee Dee Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pee Dee Township was a Seller's Market.
Key Takeaway
Pee Dee Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pee Dee Township, NC
How much do homes in Pee Dee Township, NC cost?
Median Sold Price
$140,000
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pee Dee Township have sold for 40.7% less than they did a year ago.
Summary: The median home sold price in Pee Dee Township was $140,000 in March 2024, down 40.7% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.8K | $92.5K | -22.8% |
| 2 Bedrooms | $145K | $125K | -13.8% |
| 3 Bedrooms | $518K | $380K | -26.6% |
| 4 Bedrooms | $323K | $757.5K | +134.5% |
| 5+ Bedrooms | $2.2M | $1.4M | -36.3% |
Summary: Pee Dee Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.8%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 26.6%, 4 bedroom homes increased by 134.5%, and 5+ bedroom homes decreased by 36.3%.
Median Sold Price Compared To Nearby Cities
| Mount Gilead Township | $179.5K | $250K | +39.3% |
| Mount Gilead | $184.9K | $250K | +35.1% |
| Uwharrie Township | $305K | $330.9K | +8.5% |
| Center Township | $246K | $260K | +5.7% |
| Pee Dee Township | $236.2K | $140K | -40.7% |
Housing Supply in Pee Dee Township, NC
How many homes are available in Pee Dee Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 36 | +16.1% |
Summary: The Pee Dee Township real estate market had 36 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pee Dee Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pee Dee Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Pee Dee Township in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Pee Dee Township, NC
How long does it take to sell a home in Pee Dee Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 104 Days | 92 Days | -11.0% |
Summary: Homes in Pee Dee Township had an average of 92 days on market in Mar 2024, down by 11% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pee Dee Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Pee Dee Township; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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