Is Pineville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pineville has remained a Seller's Market.
Key Takeaway
Pineville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pineville, NC
How much do homes in Pineville, NC cost?
Median Sold Price
$440,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pineville have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Pineville was $440,000 in April 2024, up 7.4% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $295K | $300K | +1.7% |
| 3 Bedrooms | $408K | $439.9K | +7.8% |
| 4 Bedrooms | $499.7K | $477.5K | -4.5% |
| 5+ Bedrooms | $527.5K | $580K | +10.0% |
Summary: Pineville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
| Pineville | $409.7K | $440K | +7.4% |
| Charlotte | $394.9K | $411.6K | +4.2% |
Housing Supply in Pineville, NC
How many homes are available in Pineville, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 55 | -12.7% |
Summary: The Pineville real estate market had 55 homes for sale in April 2024, a 12.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 37 | 29 | -21.6% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Pineville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pineville, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Pineville in April 2024, down by 20.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 9 Days | -33.5% |
Summary: Homes in Pineville had an average of 9 days on market in Apr 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pineville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in Pineville; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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