Is Pilot 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, Pilot Township has remained a Seller's Market.
Housing Prices in Pilot Township, NC
How much do homes in Pilot Township, NC cost?
Median Sold Price
$275,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pilot Township was $275,000 in May 2024, up 10% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $195.4K | $217.3K | +11.2% |
3 Bedrooms | $247.5K | $270K | +9.1% |
4 Bedrooms | $351K | $397.5K | +13.2% |
5+ Bedrooms | $339K | - | N/A |
Summary: Pilot 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 11.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pinnacle | $252K | $301.7K | +19.7% |
Pilot Mountain | $245K | $270K | +10.2% |
Pilot Township | $250K | $275K | +10.0% |
Housing Supply in Pilot Township, NC
How many homes are available in Pilot Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Summary: The Pilot Township real estate market had 24 homes for sale in May 2024, a 4.3% increase 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 | 5 | 4 | -20.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Pilot 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Pilot Township in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Pilot Township, NC
How long does it take to sell a home in Pilot Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 65 Days | +217.2% |
Summary: Homes in Pilot Township had an average of 65 days on market in May 2024, up by 217.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Pilot Township; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.