Is Craven County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Craven County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $220K | -15.4% |
2 Bedrooms | $160K | $185K | +15.6% |
3 Bedrooms | $265.6K | $280.8K | +5.7% |
4 Bedrooms | $335K | $358.4K | +7.0% |
5+ Bedrooms | $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 | $447K | $492.5K | +10.2% |
Craven County | $281.5K | $297.6K | +5.7% |
Lenoir County | $192.8K | $200.8K | +4.1% |
Jones County | $263K | $272.5K | +3.6% |
Pamlico County | $379K | $384.2K | +1.4% |
Housing Supply in Craven County, NC
How many homes are available in Craven County, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
672 | 656 | -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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 39 | 51 | +30.8% |
3 Bedrooms | 389 | 380 | -2.3% |
4 Bedrooms | 194 | 183 | -5.7% |
5+ Bedrooms | 42 | 35 | -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 2024 | Jun 2024 | CHANGE |
---|---|---|
144 | 155 | +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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 55 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
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.