Is Northampton County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northampton County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Northampton County was a Buyer's Market.

Key Takeaway

Northampton 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 Northampton County, NC

How much do homes in Northampton County, NC cost?

Median Sold Price

$146,500

$90/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$38,500(-20.8%)

Key Takeaway

Homes in Northampton County have sold for 20.8% less than they did a month ago.

Summary: The median home sold price in Northampton County was $146,500 in March 2024, down 20.8% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$75K
N/A
3 $185K$186.5K
+0.8%
4 -$150K
N/A
5+ --
N/A

Summary: Northampton County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Greensville County
+23.9%
Northampton County
-20.8%

Housing Supply in Northampton County, NC

How many homes are available in Northampton County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2624-7.7%

Summary: The Northampton County real estate market had 24 homes for sale in March 2024, a 7.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 11
0.0%
3 2017
-15.0%
4 33
0.0%
5+ 12
+100.0%

Summary: The Northampton 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 remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northampton County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Northampton County in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Northampton County, NC

How long does it take to sell a home in Northampton County, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
30 Days124 Days+315.8%

Summary: Homes in Northampton County had an average of 124 days on market in Mar 2024, up by 315.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Northampton County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Northampton County; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 19 Days Ago

Newest Listings in Northampton County, NC

Nearby Markets to Northampton County, NC

What housing markets are near Northampton County, NC?