Is Pine Knoll Shores, 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, Pine Knoll Shores has remained a Seller's Market.
Housing Prices in Pine Knoll Shores, NC
How much do homes in Pine Knoll Shores, NC cost?
Median Sold Price
$654,850
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pine Knoll Shores was $654,850 in April 2024, up 0.7% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $540K | $602K | +11.5% |
3 Bedrooms | $625.2K | $640K | +2.4% |
4 Bedrooms | $850K | $790K | -7.1% |
5+ Bedrooms | $1.5M | $540K | -65.0% |
Summary: Pine Knoll Shores 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 11.5%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 65%.
Median Sold Price Compared To Nearby Cities
Atlantic Beach | $579.2K | $630K | +8.8% |
Morehead Township | $459.9K | $480K | +4.4% |
Pine Knoll Shores | $650K | $654.8K | +0.7% |
Housing Supply in Pine Knoll Shores, NC
How many homes are available in Pine Knoll Shores, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 43 | +4.9% |
Summary: The Pine Knoll Shores real estate market had 43 homes for sale in April 2024, a 4.9% increase 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 | 17 | 19 | +11.8% |
3 Bedrooms | 15 | 16 | +6.7% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pine Knoll Shores 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 increased by 11.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 10 | +150.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Pine Knoll Shores in April 2024, up by 150.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Pine Knoll Shores, NC
How long does it take to sell a home in Pine Knoll Shores, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 75 Days | +165.7% |
Summary: Homes in Pine Knoll Shores had an average of 75 days on market in Apr 2024, up by 165.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Pine Knoll Shores; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.