Pine Creek Housing Market Report May 2025•Carroll County, Virginia

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Housing Prices in Pine Creek, VA

How much do homes in Pine Creek, VA cost?

Housing Market Conditions

Is Pine Creek, VA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Pine Creek is a Seller's Market

Difference Since May 2024

Since last year, Pine Creek has remained a Seller's Market.

Insight

Pine Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$240,000$142/SqFt
-$7,000
-2.8%

Based on all homes sold in the last 12 months

Insight

Homes in Pine Creek have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Pine Creek was $240,000 in May 2025, down 2.8% from last year, and the median price per square foot was $142.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Hillsville
+15.8%
Pine Creek
-2.8%
Austinville
-15.1%
Sulphur Springs
-16.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2$155.1K$122.5K
-21.0%
3$269.5K$240K
-10.9%
4$435.5K$265K
-39.2%
5$255K$179K
-29.8%

Summary: Pine Creek housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -21.0%. The home price for 3 bedroom homes decreased by -10.9%. The home price for 4 bedroom homes decreased by -39.2%. The home price for 5 bedroom homes decreased by -29.8%.

How does Pine Creek, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Pine Creek, VA

Housing supply in Pine Creek, VA

How many homes are available in Pine Creek, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
9Last MonthMay 2025
82 months agoApr 2025
+12.5 %
Change MoMApr – May

Summary: The Pine Creek real estate market had 9 homes for sale in May 2025, a 12.5 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthMay 2025
32 months agoApr 2025
+33.3 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
201
+100.0%
356
+20.0%
410
-100.0%
522
0.0%

Summary: Pine Creek housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Pine Creek, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Pine Creek, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pine Creek in May 2025, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.

Days on Market for Pine Creek, VA

How long does it take to sell a home in Pine Creek, VA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Pine Creek has remained consistent over time.

Summary: During May 2025, 4 homes were sold in Pine Creek; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
37 DaysThis YearMay 2025
41 Days1 year agoMay 2024
-9.6 %
Change YoYMay 2024 – May 2025

Summary: Homes in Pine Creek had an average listing age of 37 days in May 2025, down by 9.6% compared to the previous year.

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Newest Listings in Pine Creek, VA

What homes are available in Pine Creek, VA?

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Nearby markets

Nearby markets aren't available for Pine Creek, VA

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Southwest Virginia Association of REALTORS® MLS, for the period 06/01/2023 - 06/01/2025

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2025 Southwest Virginia Association of REALTORS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 7:15:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.