Is Pigeon 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, Pigeon Township has remained a Seller's Market.
Housing Prices in Pigeon Township, NC
How much do homes in Pigeon Township, NC cost?
Median Sold Price
$342,500
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pigeon Township was $342,500 in May 2024, up 2.2% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $263.7K | N/A |
2 Bedrooms | $244K | $220K | -9.8% |
3 Bedrooms | $349K | $370K | +6.0% |
4 Bedrooms | $432.5K | $967K | +123.6% |
5+ Bedrooms | - | - | N/A |
Summary: Pigeon 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 9.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 123.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Clyde Township | $300K | $369K | +23.0% |
Waynesville Township | $355K | $406.8K | +14.6% |
Beaverdam Township | $300K | $333K | +11.0% |
Pigeon Township | $335K | $342.5K | +2.2% |
Housing Supply in Pigeon Township, NC
How many homes are available in Pigeon Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 23 | -17.9% |
Summary: The Pigeon Township real estate market had 23 homes for sale in May 2024, a 17.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pigeon Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pigeon Township in May 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Pigeon Township, NC
How long does it take to sell a home in Pigeon Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 48 Days | +677.6% |
Summary: Homes in Pigeon Township had an average of 48 days on market in May 2024, up by 677.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Pigeon Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.