Is Pilot Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pilot Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Pilot Township was a Neutral Market.

Key Takeaway

Pilot Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pilot Township, NC

How much do homes in Pilot Township, NC cost?

Median Sold Price

$560,000

$193/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$302,500(+117.5%)

Key Takeaway

Homes in Pilot Township have sold for 117.5% more than they did a month ago.

Summary: The median home sold price in Pilot Township was $560,000 in March 2024, up 117.5% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $275K$408.7K
+48.6%
4 $224K$600K
+167.9%
5+ --
N/A

Summary: Pilot Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 48.6%, 4 bedroom homes increased by 167.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pilot Mountain
+129.2%
Pilot Township
+117.5%
Long Hill Township
-72.8%

Housing Supply in Pilot Township, NC

How many homes are available in Pilot Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2524-4.0%

Summary: The Pilot Township real estate market had 24 homes for sale in March 2024, a 4.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1513
-13.3%
4 55
0.0%
5+ 22
0.0%

Summary: The Pilot 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 33.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pilot Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Pilot Township in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pilot Township, NC

How long does it take to sell a home in Pilot Township, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
63 Days42 Days-33.1%

Summary: Homes in Pilot Township had an average of 42 days on market in Mar 2024, down by 33.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pilot Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Pilot Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Pilot Township, NC

Nearby Markets to Pilot Township, NC

What housing markets are near Pilot Township, NC?