Is Edgecombe 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, Edgecombe County was a Seller's Market.
Housing Prices in Edgecombe County, NC
How much do homes in Edgecombe County, NC cost?
Median Sold Price
$164,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Edgecombe County was $164,000 in March 2024, up 3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169.9K | $63K | -62.9% |
2 Bedrooms | $78K | $84.9K | +8.8% |
3 Bedrooms | $160K | $169.9K | +6.2% |
4 Bedrooms | $253.6K | $260.4K | +2.7% |
5+ Bedrooms | $295.2K | $345.2K | +16.9% |
Summary: Edgecombe County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.9%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 16.9%.
Median Sold Price Compared To Nearby Counties
Martin County | $135K | $150.5K | +11.5% |
Wilson County | $225K | $241K | +7.2% |
Nash County | $252.5K | $262K | +3.7% |
Edgecombe County | $159.2K | $164K | +3.0% |
Housing Supply in Edgecombe County, NC
How many homes are available in Edgecombe County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
177 | 180 | +1.7% |
Summary: The Edgecombe County real estate market had 180 homes for sale in March 2024, a 1.7% 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 | 29 | 27 | -6.9% |
3 Bedrooms | 102 | 107 | +4.9% |
4 Bedrooms | 33 | 34 | +3.0% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Edgecombe 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 6.9%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Edgecombe County in March 2024, the same as the previous month. Of the 22 sold homes, 68% were sold under asking, 14% were sold at asking, and 18% were sold over asking.
Days on Market for Edgecombe County, NC
How long does it take to sell a home in Edgecombe County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
116 Days | 54 Days | -53.4% |
Summary: Homes in Edgecombe County had an average of 54 days on market in Mar 2024, down by 53.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Edgecombe County; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.