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 seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Carteret County, NC

How much do homes in Carteret County, NC cost?

Median Sold Price

$492,508

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$45,507(+10.2%)

Key Takeaway

Homes in Carteret County have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Carteret County was $492,508 in June 2024, up 10.2% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $180K$210K
+16.7%
2 $375K$395K
+5.3%
3 $432.3K$471.8K
+9.1%
4 $650K$769K
+18.3%
5+ $1.3M$1.3M
-3.6%

Summary: Carteret County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 3.6%.

Median Sold Price Compared To Nearby Counties

Carteret County
+10.2%
Onslow County
+7.4%
Craven County
+5.7%
Jones County
+3.6%

Housing Supply in Carteret County, NC

How many homes are available in Carteret County, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
6296300.2%

Summary: The Carteret County real estate market had 630 homes for sale in June 2024, a 0.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 2424
0.0%
2 107115
+7.5%
3 331327
-1.2%
4 125126
+0.8%
5+ 4238
-9.5%

Summary: The Carteret County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 9.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
126109-13.5%

Asking Price vs. Sold Price

75 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

12 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. 68.8% of homes here sold below asking price last month.

Summary: A total of 109 homes were sold or pending in Carteret County in June 2024, down by 13.5% month-over-month. Of the 109 sold homes, 69% were sold under asking, 20% were sold at asking, and 11% 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

Jun 2023Jun 2024CHANGE
50 Days58 Days+16.1%

Summary: Homes in Carteret County had an average of 58 days on market in Jun 2024, up by 16.1% compared to last year.

Breakdown of Home Sale Times

55 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

24 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 June 2024, 109 homes were sold in Carteret County; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% 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 26 Days Ago

Newest Listings in Carteret County, NC

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