Is Pender County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Pender County has remained a Seller's Market.
Housing Prices in Pender County, NC
How much do homes in Pender County, NC cost?
Median Sold Price
$429,980
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pender County was $429,980 in March 2024, up 7.4% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $332.5K | +121.7% |
2 Bedrooms | $195K | $228.5K | +17.2% |
3 Bedrooms | $359.9K | $369K | +2.5% |
4 Bedrooms | $471.4K | $507K | +7.5% |
5+ Bedrooms | $490.8K | $520K | +5.9% |
Summary: Pender County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.7%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Counties
Duplin County | $206K | $235K | +14.1% |
Pender County | $400.1K | $429.9K | +7.4% |
Brunswick County | $391.7K | $420.1K | +7.2% |
New Hanover County | $401.6K | $425.2K | +5.9% |
Bladen County | $197.4K | $195K | -1.2% |
Housing Supply in Pender County, NC
How many homes are available in Pender County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
362 | 384 | +6.1% |
Summary: The Pender County real estate market had 384 homes for sale in March 2024, a 6.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 190 | 198 | +4.2% |
4 Bedrooms | 138 | 140 | +1.4% |
5+ Bedrooms | 20 | 27 | +35.0% |
Summary: The Pender 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 increased by 35.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 35%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
55 | 78 | +41.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 78 homes were sold or pending in Pender County in March 2024, up by 41.8% month-over-month. Of the 78 sold homes, 26% were sold under asking, 51% were sold at asking, and 23% were sold over asking.
Days on Market for Pender County, NC
How long does it take to sell a home in Pender County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 71 Days | +64.2% |
Summary: Homes in Pender County had an average of 71 days on market in Mar 2024, up by 64.2% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During March 2024, 78 homes were sold in Pender County; 49% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.