Is Pink Hill, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Pink Hill was a Buyer's Market.
Key Takeaway
Pink Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pink Hill, NC
How much do homes in Pink Hill, NC cost?
Median Sold Price
$253,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pink Hill have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Pink Hill was $253,000 in May 2024, up 13.6% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $77.5K | N/A |
| 3 Bedrooms | $201.7K | $259.9K | +28.8% |
| 4 Bedrooms | $226K | $293.2K | +29.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Pink Hill 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 did not change, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pink Hill Township | $180K | $253K | +40.6% |
| Pink Hill | $198K | $253K | +27.8% |
| Pink Hill | $222.7K | $253K | +13.6% |
Housing Supply in Pink Hill, NC
How many homes are available in Pink Hill, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Pink Hill real estate market had 6 homes for sale in May 2024, a 50.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pink Hill 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pink Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pink Hill in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Pink Hill, NC
How long does it take to sell a home in Pink Hill, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 264 Days | +1100.0% |
Summary: Homes in Pink Hill had an average of 264 days on market in May 2024, up by 1100% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pink Hill are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Pink Hill; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
