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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Craven County is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Craven County, NC

How much do homes in Craven County, NC cost?

Median Sold Price

$297,601

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$16,090(+5.7%)

Key Takeaway

Homes in Craven County have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Craven County was $297,601 in June 2024, up 5.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $260K$220K
-15.4%
2 $160K$185K
+15.6%
3 $265.6K$280.8K
+5.7%
4 $335K$358.4K
+7.0%
5+ $402.2K$449.5K
+11.7%

Summary: Craven County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 11.7%.

Median Sold Price Compared To Nearby Counties

Carteret County
+10.2%
Craven County
+5.7%
Lenoir County
+4.1%
Jones County
+3.6%
Pamlico County
+1.4%

Housing Supply in Craven County, NC

How many homes are available in Craven County, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
672656-2.4%

Summary: The Craven County real estate market had 656 homes for sale in June 2024, a 2.4% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 87
-12.5%
2 3951
+30.8%
3 389380
-2.3%
4 194183
-5.7%
5+ 4235
-16.7%

Summary: The Craven County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 30.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
144155+7.6%

Asking Price vs. Sold Price

88 Homes Were Sold
Under Asking

47 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Craven County, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.

Summary: A total of 155 homes were sold or pending in Craven County in June 2024, up by 7.6% month-over-month. Of the 155 sold homes, 57% were sold under asking, 30% were sold at asking, and 13% were sold over asking.

Days on Market for Craven County, NC

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

Average Sale Time

Jun 2023Jun 2024CHANGE
18 Days55 Days+193.9%

Summary: Homes in Craven County had an average of 55 days on market in Jun 2024, up by 193.9% compared to last year.

Breakdown of Home Sale Times

92 Homes Were Sold
Under 30 Days

44 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 155 homes were sold in Craven County; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 12% 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 Craven County, NC

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