Is Whispering Pines, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whispering Pines is a seller's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Whispering Pines was a Buyer's Market.

Key Takeaway

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

How much do homes in Whispering Pines, NC cost?

Median Sold Price

$470,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$30,000(+6.8%)

Key Takeaway

Homes in Whispering Pines have sold for 6.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 -$294K
N/A
3 $369.9K$450K
+21.7%
4 $460K$526.5K
+14.5%
5+ $510K$625K
+22.5%

Median Sold Price Compared To Nearby Cities

Southern Pines
+12.1%
Whispering Pines
+6.8%

How many homes are available in Whispering Pines, NC?

Number of Homes For Sale

Sep 2022Oct 2022%
2926-10.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 20
-100.0%
3 1816
-11.1%
4 89
+12.5%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
126-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whispering Pines, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
13 Days8 Days-33.3%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Whispering Pines, NC

Whispering Pines, NC has 26 homes on the market. The inventory of homes for sale in Whispering Pines, NC between September 2022 and October 2022 decreased by 10.3%. The median list price of listings available in October 2022 was $470,000, while the average time on the real estate market was 8 days. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties went up by 21.7%, the cost of 4 bedrooms properties went up by 14.5%, prices of 5 bedrooms properties went up by 22.5%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 100%, volume of 3 bedrooms homes went down by 11.1%, 4 bedrooms homes became 12.5% more available, number of 5 bedrooms homes remained the same. In October 2022 more than 2 listings in Whispering Pines, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below.