Is Duplin County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Duplin County was a Seller's Market.
Key Takeaway
Duplin County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Duplin County, NC
How much do homes in Duplin County, NC cost?
Median Sold Price
$235,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Duplin County have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Duplin County was $235,000 in March 2024, up 14.1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.5K | - | N/A |
| 2 Bedrooms | $118.4K | $159.9K | +35.1% |
| 3 Bedrooms | $205K | $230K | +12.2% |
| 4 Bedrooms | $378K | $378.5K | 0.1% |
| 5+ Bedrooms | $293K | $552.5K | +88.6% |
Summary: Duplin County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 88.6%.
Median Sold Price Compared To Nearby Counties
| Duplin County | $206K | $235K | +14.1% |
| Sampson County | $222K | $243K | +9.5% |
| Pender County | $400.1K | $429.9K | +7.4% |
| Onslow County | $259.9K | $277.5K | +6.8% |
| Wayne County | $239.9K | $250.7K | +4.5% |
Housing Supply in Duplin County, NC
How many homes are available in Duplin County, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 105 | 125 | +19.0% |
Summary: The Duplin County real estate market had 125 homes for sale in March 2024, a 19.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 66 | 81 | +22.7% |
| 4 Bedrooms | 25 | 33 | +32.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Duplin County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 32%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Duplin County, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Duplin County in March 2024, up by 25.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 30% were sold at asking, and 5% were sold over asking.
Days on Market for Duplin County, NC
How long does it take to sell a home in Duplin County, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 53 Days | +7.9% |
Summary: Homes in Duplin County had an average of 53 days on market in Mar 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Duplin County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in Duplin County; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.