Is Pinehurst, NC a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Pinehurst is a seller's market


Difference Since April 2023

Since last year, Pinehurst has remained a Seller's Market.

Key Takeaway

Pinehurst is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pinehurst, NC

How much do homes in Pinehurst, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2023


Key Takeaway

Homes in Pinehurst have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Pinehurst was $505,900 in April 2024, up 4.7% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $225K$221K
2 $340K$368.5K
3 $445.7K$465.1K
4 $577.5K$595K
5+ $925K$755K

Summary: Pinehurst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 18.4%.

Median Sold Price Compared To Nearby Cities

West End
Southern Pines

Housing Supply in Pinehurst, NC

How many homes are available in Pinehurst, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE

Summary: The Pinehurst real estate market had 208 homes for sale in April 2024, a 8.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 67
2 1813
3 7992
4 6572
5+ 2324

Summary: The Pinehurst housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 4.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinehurst, you may be able to get a good deal. 53.2% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in Pinehurst in April 2024, up by 37.8% month-over-month. Of the 62 sold homes, 53% were sold under asking, 24% were sold at asking, and 23% were sold over asking.

Days on Market for Pinehurst, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
37 Days59 Days+59.9%

Summary: Homes in Pinehurst had an average of 59 days on market in Apr 2024, up by 59.9% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 62 homes were sold in Pinehurst; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 23% 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 28 Days Ago

Newest Listings in Pinehurst, NC

Nearby Markets to Pinehurst, NC

What housing markets are near Pinehurst, NC?