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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belhaven is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Belhaven was a Neutral Market.

Key Takeaway

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

Housing Prices in Belhaven, NC

How much do homes in Belhaven, NC cost?

Median Sold Price

$307,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$2,000(+0.7%)

Key Takeaway

Homes in Belhaven have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Belhaven was $307,000 in February 2024, up 0.7% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $311.7K$329K
+5.5%
3 $282.5K$270K
-4.4%
4 $450K$310K
-31.1%
5+ -$507K
N/A

Summary: Belhaven housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pantego Township
+17.4%
Belhaven
+1.3%
Belhaven
+0.7%

Housing Supply in Belhaven, NC

How many homes are available in Belhaven, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1718+5.9%

Summary: The Belhaven real estate market had 18 homes for sale in February 2024, a 5.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1314
+7.7%
4 22
0.0%
5+ 00
0.0%

Summary: The Belhaven housing inventory by bedroom type for February 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 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belhaven, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Belhaven in February 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Belhaven, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
67 Days56 Days-16.1%

Summary: Homes in Belhaven had an average of 56 days on market in Feb 2024, down by 16.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 5 homes were sold in Belhaven; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 28 Days Ago

Newest Listings in Belhaven, NC

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