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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pender County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

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

+$29,807(+7.4%)

Key Takeaway

Homes in Pender County have sold for 7.4% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $150K$332.5K
+121.7%
2 $195K$228.5K
+17.2%
3 $359.9K$369K
+2.5%
4 $471.4K$507K
+7.5%
5+ $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
+14.1%
Pender County
+7.4%
Brunswick County
+7.2%
New Hanover County
+5.9%
Bladen County
-1.2%

Housing Supply in Pender County, NC

How many homes are available in Pender County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
362384+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

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1419
+35.7%
3 190198
+4.2%
4 138140
+1.4%
5+ 2027
+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 2024Mar 2024CHANGE
5578+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pender County, expect to pay close to the asking price. 51.3% of homes here sold near the asking price last month.

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 2023Mar 2024CHANGE
43 Days71 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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 Pender County, NC

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