Is Pikeville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$294,945
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Pikeville Township has remained the same since last year.
Summary: The median home sold price in Pikeville Township was $294,945 in March 2024, down 0.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | - | N/A |
| 2 Bedrooms | $38K | $169.9K | +347.1% |
| 3 Bedrooms | $279.9K | $284.8K | +1.7% |
| 4 Bedrooms | $349.9K | $314.9K | -10.0% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Pikeville Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 347.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Buck Swamp Township | $289.9K | $310K | +6.9% |
| Stoney Creek Township | $280.3K | $285K | +1.6% |
| Pikeville Township | $296K | $294.9K | -0.4% |
| Pikeville | $301K | $294.9K | -2.0% |
| Nahunta Township | $247.5K | $235K | -5.1% |
Housing Supply in Pikeville Township, NC
How many homes are available in Pikeville Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 51 | +4.1% |
Summary: The Pikeville Township real estate market had 51 homes for sale in March 2024, a 4.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 33 | 37 | +12.1% |
| 4 Bedrooms | 15 | 10 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pikeville Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pikeville Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in Pikeville Township in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 57% were sold at asking, and 7% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 139 Days | 71 Days | -48.5% |
Summary: Homes in Pikeville Township had an average of 71 days on market in Mar 2024, down by 48.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pikeville Township has remained consistent over time.
Summary: During March 2024, 14 homes were sold in Pikeville Township; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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