Is Pitt 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, Pitt County has remained a Seller's Market.
Key Takeaway
Pitt County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pitt County, NC
How much do homes in Pitt County, NC cost?
Median Sold Price
$265,304
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pitt County have sold for 4% more than they did a year ago.
Summary: The median home sold price in Pitt County was $265,304 in March 2024, up 4% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | $111.5K | +43.9% |
| 2 Bedrooms | $135K | $154.5K | +14.4% |
| 3 Bedrooms | $245K | $258K | +5.3% |
| 4 Bedrooms | $364.1K | $375K | +3.0% |
| 5+ Bedrooms | $392.3K | $395.7K | +0.9% |
Summary: Pitt County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.9%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Counties
| Martin County | $135K | $150.5K | +11.5% |
| Beaufort County | $242.5K | $269.4K | +11.1% |
| Lenoir County | $189.9K | $202K | +6.4% |
| Pitt County | $255.1K | $265.3K | +4.0% |
Housing Supply in Pitt County, NC
How many homes are available in Pitt County, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 543 | 544 | 0.2% |
Summary: The Pitt County real estate market had 544 homes for sale in March 2024, a 0.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 63 | 61 | -3.2% |
| 3 Bedrooms | 304 | 323 | +6.3% |
| 4 Bedrooms | 139 | 127 | -8.6% |
| 5+ Bedrooms | 34 | 32 | -5.9% |
Summary: The Pitt County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 131 | 137 | +4.6% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
54 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pitt County, expect to pay close to the asking price. 39.4% of homes here sold near the asking price last month.
Summary: A total of 137 homes were sold or pending in Pitt County in March 2024, up by 4.6% month-over-month. Of the 137 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for Pitt County, NC
How long does it take to sell a home in Pitt County, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 60 Days | +60.6% |
Summary: Homes in Pitt County had an average of 60 days on market in Mar 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
78 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
37 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pitt County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 137 homes were sold in Pitt County; 57% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.