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

Housing Market Conditions



Gauge showing Chocowinity is a seller's market


Difference Since May 2022

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

Key Takeaway

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

How much do homes in Chocowinity, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Chocowinity have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 -$180K
3 $389K$454.5K
4 $560K$540K
5+ $304.9K-

Median Sold Price Compared To Nearby Cities

Chocowinity Township

How many homes are available in Chocowinity, NC?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 00
3 1311
4 56
5+ 11

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chocowinity, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
2 Days40 Days+1933.3%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chocowinity 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.

What housing markets are near Chocowinity, NC?

About Chocowinity, NC

Number of homes for sale in Chocowinity, NC real estate market have reached 18. In May 2023 in Chocowinity, NC there were 5.3% less homes for sale than in April 2023. Listings spent 40 days on the market in May 2023, and had a median list price of $492,250 during the same period. Real estate listing prices changed between April 2023 and May 2023: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 16.8% more expensive, 4 bedrooms properties became 3.6% more cheaper, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes decreased by 15.4%, the quantity of 4 bedrooms homes went up by 20%, the quantity of 5 bedrooms homes have not changed. In May 2023 more than 2 listings in Chocowinity, NC were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below.