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 May 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
$384,833
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Grove Township have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Pleasant Grove Township was $384,833 in May 2024, up 1.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $243.7K | $308.2K | +26.5% |
| 3 Bedrooms | $350K | $345K | -1.4% |
| 4 Bedrooms | $469.9K | $478K | +1.7% |
| 5+ Bedrooms | $520K | $610.4K | +17.4% |
Summary: Pleasant Grove 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 increased by 26.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Cities
| Elevation Township | $349.9K | $354.9K | +1.4% |
| Pleasant Grove Township | $380K | $384.8K | +1.3% |
| Black River Township | $350K | $349.1K | -0.3% |
| Willow Spring | $425K | $405K | -4.7% |
| Cleveland Township | $425.2K | $400K | -5.9% |
Housing Supply in Pleasant Grove Township, NC
How many homes are available in Pleasant Grove Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 119 | 108 | -9.2% |
Summary: The Pleasant Grove Township real estate market had 108 homes for sale in May 2024, a 9.2% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 81 | 77 | -4.9% |
| 4 Bedrooms | 33 | 27 | -18.2% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Pleasant Grove 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 decreased by 100%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 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. 38.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Pleasant Grove Township in May 2024, down by 16.1% month-over-month. Of the 26 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 123 Days | 15 Days | -87.3% |
Summary: Homes in Pleasant Grove Township had an average of 15 days on market in May 2024, down by 87.3% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was 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 May 2024, 26 homes were sold in Pleasant Grove Township; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.