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Pelham Home Values and Market Report

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Report prepared by Crgelite.com Axen Realty
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Market at a glance

Over the last 12 months, homes sold for 93.6% of list price in 112 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $174K Sold · $168K
$510K$350K$190K$30K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Nov. Last month: 2.

Where the market stands

All homes in this report, by status.

35homes
Active7 · 20%
Under contract5 · 14%
Sold (12 mo)23 · 66%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$224K
Under contract$174K
Sold$194K

Average days on market

Active161 days
Under contract50 days
Sold112 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 7
Average list price $223,528
Avg. days on market 161 days
Avg. price per ft² $186 Based on 5 of 7 homes
Avg. living area 1,593 ft² Based on 5 of 7 homes
Avg. beds / baths 3.6 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 5 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 5 homes in this status.

212 Lakeview Drive$237
9729 NC Highway 700$225
238 Simpson Lane$222
3125 Old US Highway 29$137
128 Loy Drive$109

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
238 Simpson LanePelham, NC 27311 522,019$450,000$22213 days
212 Lakeview DrivePelham, NC 27311 321,350$320,000$23720 days
128 Loy DrivePelham, NC 27311 421,782$195,900$10929 days
9729 NC Highway 700Pelham, NC 27311 321,066$239,900$225100 days
301 Pryor RoadPelham, NC 27311 ———$110,000—147 days
3125 Old US Highway 29Pelham, NC 27311 321,750$239,900$137233 days
00 Mountview DrivePelham, NC 27311 ———$9,000—588 days
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Questions about this market?

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