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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onslow County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Onslow County has remained a Seller's Market.

Key Takeaway

Onslow County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Onslow County, NC

How much do homes in Onslow County, NC cost?

Median Sold Price

$277,591

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,600(+6.8%)

Key Takeaway

Homes in Onslow County have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Onslow County was $277,591 in March 2024, up 6.8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $225K$225K
0.0%
2 $166.2K$184K
+10.7%
3 $242.8K$257.1K
+5.9%
4 $340K$358.5K
+5.4%
5+ $458K$486.2K
+6.2%

Summary: Onslow 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 10.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Counties

Duplin County
+14.1%
Pender County
+7.4%
Onslow County
+6.8%
Carteret County
+6.7%
Jones County
+5.0%

Housing Supply in Onslow County, NC

How many homes are available in Onslow County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,3871,419+2.3%

Summary: The Onslow County real estate market had 1,419 homes for sale in March 2024, a 2.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2831
+10.7%
2 134144
+7.5%
3 788784
-0.5%
4 362379
+4.7%
5+ 7581
+8.0%

Summary: The Onslow County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
295326+10.5%

Asking Price vs. Sold Price

137 Homes Were Sold
Under Asking

133 Homes Were Sold
At Asking

56 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Onslow County, you may be able to get a good deal. 42% of homes here sold below asking price last month.

Summary: A total of 326 homes were sold or pending in Onslow County in March 2024, up by 10.5% month-over-month. Of the 326 sold homes, 42% were sold under asking, 41% were sold at asking, and 17% were sold over asking.

Days on Market for Onslow County, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
40 Days50 Days+24.1%

Summary: Homes in Onslow County had an average of 50 days on market in Mar 2024, up by 24.1% compared to last year.

Breakdown of Home Sale Times

196 Homes Were Sold
Under 30 Days

66 Homes Were Sold
In 30 - 90 Days

64 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Onslow County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 326 homes were sold in Onslow County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 24 Days Ago

Newest Listings in Onslow County, NC

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