Is Pamlico 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, Pamlico County was a Seller's Market.
Housing Prices in Pamlico County, NC
How much do homes in Pamlico County, NC cost?
Median Sold Price
$385,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pamlico County was $385,000 in March 2024, up 3.4% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $417.5K | +39.2% |
2 Bedrooms | $305K | $263.7K | -13.5% |
3 Bedrooms | $397.5K | $446.5K | +12.3% |
4 Bedrooms | $592.5K | $496K | -16.3% |
5+ Bedrooms | $320K | $494.5K | +54.5% |
Summary: Pamlico County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.2%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes increased by 54.5%.
Median Sold Price Compared To Nearby Counties
Beaufort County | $242.5K | $269.4K | +11.1% |
Craven County | $270.1K | $296.2K | +9.7% |
Pamlico County | $372.4K | $385K | +3.4% |
Housing Supply in Pamlico County, NC
How many homes are available in Pamlico County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 86 | +7.5% |
Summary: The Pamlico County real estate market had 86 homes for sale in March 2024, a 7.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 56 | 61 | +8.9% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pamlico County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Pamlico County in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for Pamlico County, NC
How long does it take to sell a home in Pamlico County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
146 Days | 62 Days | -57.2% |
Summary: Homes in Pamlico County had an average of 62 days on market in Mar 2024, down by 57.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Pamlico County; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.