Is Craven County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$296,269
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Craven County was $296,269 in March 2024, up 9.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $242K | +3.0% |
2 Bedrooms | $160K | $172.5K | +7.8% |
3 Bedrooms | $254.7K | $279.9K | +9.9% |
4 Bedrooms | $329K | $350K | +6.4% |
5+ Bedrooms | $389.5K | $446K | +14.5% |
Summary: Craven County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Counties
Craven County | $270.1K | $296.2K | +9.7% |
Carteret County | $447.6K | $477.6K | +6.7% |
Lenoir County | $189.9K | $202K | +6.4% |
Jones County | $257K | $269.9K | +5.0% |
Pamlico County | $372.4K | $385K | +3.4% |
Housing Supply in Craven County, NC
How many homes are available in Craven County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
645 | 662 | +2.6% |
Summary: The Craven County real estate market had 662 homes for sale in March 2024, a 2.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 8 | -11.1% |
2 Bedrooms | 48 | 46 | -4.2% |
3 Bedrooms | 404 | 417 | +3.2% |
4 Bedrooms | 155 | 161 | +3.9% |
5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The Craven County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
116 | 117 | +0.9% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 117 homes were sold or pending in Craven County in March 2024, up by 0.9% month-over-month. Of the 117 sold homes, 49% were sold under asking, 33% were sold at asking, and 18% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 63 Days | +24.8% |
Summary: Homes in Craven County had an average of 63 days on market in Mar 2024, up by 24.8% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Summary: During March 2024, 117 homes were sold in Craven County; 54% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.