Is Pittsboro, 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, Pittsboro was a Seller's Market.
Key Takeaway
Pittsboro 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 Pittsboro, NC
How much do homes in Pittsboro, NC cost?
Median Sold Price
$630,858
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pittsboro have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Pittsboro was $630,858 in March 2024, up 1.9% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | $330.7K | -31.1% |
| 2 Bedrooms | $332.5K | $394.2K | +18.6% |
| 3 Bedrooms | $463.5K | $472.5K | +1.9% |
| 4 Bedrooms | $806K | $836.9K | +3.8% |
| 5+ Bedrooms | $725K | $804.5K | +11.0% |
Summary: Pittsboro housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Cities
| Center Township | $475K | $485K | +2.1% |
| Pittsboro | $619K | $630.8K | +1.9% |
Housing Supply in Pittsboro, NC
How many homes are available in Pittsboro, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 187 | 185 | -1.1% |
Summary: The Pittsboro real estate market had 185 homes for sale in March 2024, a 1.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 73 | 71 | -2.7% |
| 4 Bedrooms | 89 | 84 | -5.6% |
| 5+ Bedrooms | 15 | 21 | +40.0% |
Summary: The Pittsboro 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 decreased by 11.1%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 27 | +3.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsboro, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Pittsboro in March 2024, up by 3.8% month-over-month. Of the 27 sold homes, 41% were sold under asking, 41% were sold at asking, and 19% were sold over asking.
Days on Market for Pittsboro, NC
How long does it take to sell a home in Pittsboro, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 147 Days | 149 Days | +1.7% |
Summary: Homes in Pittsboro had an average of 149 days on market in Mar 2024, up by 1.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Pittsboro are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 27 homes were sold in Pittsboro; 15% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.