Is Pine Level Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pine Level Township has remained a Seller's Market.
Housing Prices in Pine Level Township, NC
How much do homes in Pine Level Township, NC cost?
Median Sold Price
$298,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pine Level Township was $298,000 in May 2024, up 1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $210K | -4.5% |
3 Bedrooms | $299.9K | $298K | -0.6% |
4 Bedrooms | $420K | $302K | -28.1% |
5+ Bedrooms | $234.9K | $1.1M | +368.3% |
Summary: Pine Level Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes increased by 368.3%.
Median Sold Price Compared To Nearby Cities
Pine Level Township | $295K | $298K | +1.0% |
Selma Township | $305.9K | $298K | -2.6% |
Selma | $309K | $298.9K | -3.3% |
Micro Township | $311.7K | $285K | -8.6% |
Housing Supply in Pine Level Township, NC
How many homes are available in Pine Level Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The Pine Level Township real estate market had 12 homes for sale in May 2024, a 7.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pine Level Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Pine Level Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Pine Level Township, NC
How long does it take to sell a home in Pine Level Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
74 Days | 20 Days | -73.0% |
Summary: Homes in Pine Level Township had an average of 20 days on market in May 2024, down by 73% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Pine Level Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.