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 buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Carteret County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Carteret County, NC

How much do homes in Carteret County, NC cost?

Median Sold Price

$477,637

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,966(+6.7%)

Key Takeaway

Homes in Carteret County have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Carteret County was $477,637 in March 2024, up 6.7% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $150K$228K
+52.0%
2 $363K$388K
+6.9%
3 $429.9K$460K
+7.0%
4 $596.3K$729K
+22.2%
5+ $1.4M$1.2M
-10.6%

Summary: Carteret County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 10.6%.

Median Sold Price Compared To Nearby Counties

Craven County
+9.7%
Onslow County
+6.8%
Carteret County
+6.7%
Jones County
+5.0%

Housing Supply in Carteret County, NC

How many homes are available in Carteret County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
524573+9.4%

Summary: The Carteret County real estate market had 573 homes for sale in March 2024, a 9.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2527
+8.0%
2 104107
+2.9%
3 259282
+8.9%
4 106123
+16.0%
5+ 3034
+13.3%

Summary: The Carteret County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
10074-26.0%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

10 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. 60.8% of homes here sold below asking price last month.

Summary: A total of 74 homes were sold or pending in Carteret County in March 2024, down by 26.0% month-over-month. Of the 74 sold homes, 61% were sold under asking, 26% were sold at asking, and 14% were sold over asking.

Days on Market for Carteret County, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
54 Days72 Days+33.6%

Summary: Homes in Carteret County had an average of 72 days on market in Mar 2024, up by 33.6% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

17 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.

Summary: During March 2024, 74 homes were sold in Carteret County; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% 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 24 Days Ago

Newest Listings in Carteret County, NC

Nearby Markets to Carteret County, NC

What housing markets are near Carteret County, NC?