Does it hurt? Does it look a little red or skin toned?
Hi,
Yes it could very well be a sebaceous cyst or an ingrown hair. Most of the time they do not require medical treatment and go away on their own, although rather slowly. I've had to have a few lanced before by a doctor and it was quick and painless. I've had no luck putting any types of products on them before and I think due to the delicateness of the area, a lot of products would actually make it worse. Good luck to you.