Is Pineville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Pineville has remained a Seller's Market.
Housing Prices in Pineville, NC
How much do homes in Pineville, NC cost?
Median Sold Price
$434,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Pineville was $434,000 in February 2024, up 6.4% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | - | N/A |
2 Bedrooms | $292.5K | $300K | +2.6% |
3 Bedrooms | $400K | $432K | +8.0% |
4 Bedrooms | $535K | $457.6K | -14.5% |
5+ Bedrooms | $587.5K | $535K | -8.9% |
Summary: Pineville 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 2.6%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
Pineville | $408K | $434K | +6.4% |
Charlotte | $392.5K | $408.2K | +4.0% |
Housing Supply in Pineville, NC
How many homes are available in Pineville, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
42 | 44 | +4.8% |
Summary: The Pineville real estate market had 44 homes for sale in February 2024, a 4.8% 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 | 5 | 6 | +20.0% |
3 Bedrooms | 24 | 25 | +4.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Pineville 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 increased by 20%, 3 bedroom homes increased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Pineville in February 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% were sold over asking.
Days on Market for Pineville, NC
How long does it take to sell a home in Pineville, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 15 Days | -61.0% |
Summary: Homes in Pineville had an average of 15 days on market in Feb 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in Pineville; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.