Is Carteret County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carteret County is a neutral's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Carteret County was a Seller's Market.

Key Takeaway

Carteret County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Carteret County, NC cost?

Median Sold Price

$427,445

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$48,052(+12.7%)

Key Takeaway

Homes in Carteret County have sold for 12.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $188K$166.5K
-11.4%
2 $301.1K$364.6K
+21.1%
3 $361.9K$408.5K
+12.9%
4 $550.7K$595.5K
+8.1%
5+ $966K$1.2M
+30.4%

Median Sold Price Compared To Nearby Counties

Jones County
+22.9%
Craven County
+17.2%
Onslow County
+14.3%
Carteret County
+12.7%

How many homes are available in Carteret County, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
469455-3.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 1315
+15.4%
2 8078
-2.5%
3 249244
-2.0%
4 9897
-1.0%
5+ 2921
-27.6%

Number of Homes Sold

Oct 2022Nov 2022%
9974-25.3%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carteret County, you may be able to get a good deal. 73% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
25 Days33 Days+32.4%

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Carteret County, NC

Carteret County, NC has 455 homes on the market. The number of listings in Carteret County, NC decreased by 3% between October 2022 and November 2022. In November 2022, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $427,445. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went down by 11.4%, prices of 2 bedrooms properties went up by 21.1%, prices of 3 bedrooms properties went up by 12.9%, prices of 4 bedrooms properties increased by 8.1%, 5 bedrooms properties became 30.4% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 15.4%, 2 bedrooms homes became 2.5% less available, the quantity of 3 bedrooms homes went down by 2%, volume of 4 bedrooms homes went down by 1%, 5 bedrooms homes became 27.6% less available. Carteret County, NC housing market in November 2022 saw over 9 listings sold above listed price, more than 11 sold at listed price and over 54 sold below.

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