Is Pine Level 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, Pine Level Township was a Seller's Market.
Key Takeaway
Pine Level Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pine Level Township, NC
How much do homes in Pine Level Township, NC cost?
Median Sold Price
$299,900
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Pine Level Township has remained the same since last year.
Summary: The median home sold price in Pine Level Township was $299,900 in March 2024, down 0.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $217.5K | +1.2% |
| 3 Bedrooms | $304K | $302.4K | -0.5% |
| 4 Bedrooms | $420K | $300.5K | -28.5% |
| 5+ Bedrooms | $234.9K | $1.1M | +368.3% |
Summary: Pine Level 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 1.2%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 28.5%, and 5+ bedroom homes increased by 368.3%.
Median Sold Price Compared To Nearby Cities
| Pine Level Township | $300.5K | $299.9K | -0.2% |
| Selma | $308.5K | $305K | -1.1% |
| Selma Township | $306.3K | $299.9K | -2.1% |
| Micro Township | $319.9K | $287.4K | -10.1% |
Housing Supply in Pine Level Township, NC
How many homes are available in Pine Level Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Pine Level Township real estate market had 13 homes for sale in March 2024, a 8.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pine Level 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Level Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pine Level Township in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Pine Level Township, NC
How long does it take to sell a home in Pine Level Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 86 Days | +21.1% |
Summary: Homes in Pine Level Township had an average of 86 days on market in Mar 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pine Level Township has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Pine Level Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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