Is Pleasant Grove Township, 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, Pleasant Grove Township has remained a Seller's Market.
Key Takeaway
Pleasant Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pleasant Grove Township, NC
How much do homes in Pleasant Grove Township, NC cost?
Median Sold Price
$385,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pleasant Grove Township have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Pleasant Grove Township was $385,000 in April 2024, up 1.2% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $243.7K | $308.2K | +26.5% |
| 3 Bedrooms | $350K | $345K | -1.4% |
| 4 Bedrooms | $465K | $477.4K | +2.7% |
| 5+ Bedrooms | $561.1K | $568.5K | +1.3% |
Summary: Pleasant Grove Township 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 26.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Pleasant Grove Township | $380.5K | $385K | +1.2% |
| Black River Township | $350K | $345K | -1.4% |
| Elevation Township | $354.9K | $343.9K | -3.1% |
| Willow Spring | $422.2K | $405K | -4.1% |
| Cleveland Township | $426.1K | $400K | -6.1% |
Housing Supply in Pleasant Grove Township, NC
How many homes are available in Pleasant Grove Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 103 | 102 | -1.0% |
Summary: The Pleasant Grove Township real estate market had 102 homes for sale in April 2024, a 1.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 67 | 67 | 0.0% |
| 4 Bedrooms | 30 | 31 | +3.3% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Pleasant Grove Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 27 | +50.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Grove Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Pleasant Grove Township in April 2024, up by 50.0% month-over-month. Of the 27 sold homes, 44% were sold under asking, 37% were sold at asking, and 19% were sold over asking.
Days on Market for Pleasant Grove Township, NC
How long does it take to sell a home in Pleasant Grove Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 110 Days | 58 Days | -47.1% |
Summary: Homes in Pleasant Grove Township had an average of 58 days on market in Apr 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Grove Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in Pleasant Grove Township; 59% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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