Is Beaufort, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaufort is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Beaufort, NC

How much do homes in Beaufort, NC cost?

Median Sold Price

$443,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$50(0.0%)

Key Takeaway

The sold price of homes in Beaufort has remained the same since last year.

Summary: The median home sold price in Beaufort was $443,000 in May 2024, the same as last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $299K-
N/A
2 $327.5K$285.5K
-12.8%
3 $442.9K$437.2K
-1.3%
4 $512.5K$760K
+48.3%
5+ $1.8M$459.5K
-74.6%

Summary: Beaufort 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 decreased by 12.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 48.3%, and 5+ bedroom homes decreased by 74.6%.

Median Sold Price Compared To Nearby Cities

Beaufort Township
0.1%
Beaufort
0.0%

Housing Supply in Beaufort, NC

How many homes are available in Beaufort, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
123131+6.5%

Summary: The Beaufort real estate market had 131 homes for sale in May 2024, a 6.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1312
-7.7%
3 8293
+13.4%
4 2322
-4.3%
5+ 54
-20.0%

Summary: The Beaufort 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 decreased by 7.7%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1524+60.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaufort, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Beaufort in May 2024, up by 60.0% month-over-month. Of the 24 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.

Days on Market for Beaufort, NC

How long does it take to sell a home in Beaufort, NC?

Average Sale Time

May 2023May 2024CHANGE
35 Days62 Days+77.0%

Summary: Homes in Beaufort had an average of 62 days on market in May 2024, up by 77% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beaufort are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 24 homes were sold in Beaufort; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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