Is Pilot Mountain, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Pilot Mountain was a Neutral Market.
Housing Prices in Pilot Mountain, NC
How much do homes in Pilot Mountain, NC cost?
Median Sold Price
$265,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Pilot Mountain was $265,000 in February 2024, up 26.2% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $135K | N/A |
2 Bedrooms | $155.9K | $180K | +15.4% |
3 Bedrooms | $213.5K | $275K | +28.8% |
4 Bedrooms | - | $351K | N/A |
5+ Bedrooms | $339K | - | N/A |
Summary: Pilot Mountain housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 28.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pinnacle | $231K | $319.9K | +38.5% |
Pilot Mountain | $210K | $265K | +26.2% |
Pilot Township | $240K | $267.5K | +11.5% |
Housing Supply in Pilot Mountain, NC
How many homes are available in Pilot Mountain, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Summary: The Pilot Mountain real estate market had 25 homes for sale in February 2024, a 19.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Pilot Mountain housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Pilot Mountain in February 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Pilot Mountain, NC
How long does it take to sell a home in Pilot Mountain, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
3 Days | 61 Days | +1648.6% |
Summary: Homes in Pilot Mountain had an average of 61 days on market in Feb 2024, up by 1648.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Pilot Mountain; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.