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 December 2021

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.

How much do homes in Craven County, NC cost?

Median Sold Price

$259,978

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$35,331(+15.7%)

Key Takeaway

Homes in Craven County have sold for 15.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $205K$234K
+14.1%
2 $125K$157K
+25.6%
3 $209.9K$245.7K
+17.0%
4 $289.9K$325K
+12.1%
5+ $335.5K$374.5K
+11.6%

Median Sold Price Compared To Nearby Counties

Jones County
+17.5%
Lenoir County
+16.9%
Craven County
+15.7%
Carteret County
+15.0%
Pamlico County
+11.3%

How many homes are available in Craven County, NC?

Number of Homes For Sale

Nov 2022Dec 2022%
479412-14.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 75
-28.6%
2 4848
0.0%
3 296259
-12.5%
4 10385
-17.5%
5+ 2515
-40.0%

Number of Homes Sold

Nov 2022Dec 2022%
124134+8.1%

Asking Price vs. Sold Price

63 Homes Were Sold
Under Asking

46 Homes Were Sold
At Asking

25 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. 47% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
27 Days32 Days+17.6%

Breakdown of Home Sale Times

92 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

14 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Craven County, NC

Homes for sale in Craven County, NC have reached 412. The number of listings in Craven County, NC decreased by 14% between November 2022 and December 2022. In December 2022, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $259,978. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 14.1%, prices of 2 bedrooms properties increased by 25.6%, 3 bedrooms properties became 17% more expensive, 4 bedrooms properties prices increased by 12.1%, prices of 5 bedrooms properties went up by 11.6%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 28.6%, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 12.5% less available, volume of 4 bedrooms homes went down by 17.5%, volume of 5 bedrooms homes went down by 40%. In December 2022 more than 25 listings in Craven County, NC were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 63 were sold below.

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