Is Beaufort 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, Beaufort County has remained a Seller's Market.
Key Takeaway
Beaufort County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beaufort County, NC
How much do homes in Beaufort County, NC cost?
Median Sold Price
$269,413
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Beaufort County have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Beaufort County was $269,413 in March 2024, up 11.1% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $115K | 0.0% |
| 2 Bedrooms | $160K | $194K | +21.3% |
| 3 Bedrooms | $245.7K | $264.9K | +7.8% |
| 4 Bedrooms | $328.7K | $350K | +6.5% |
| 5+ Bedrooms | $288K | $375K | +30.2% |
Summary: Beaufort 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 21.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Counties
| Martin County | $135K | $150.5K | +11.5% |
| Beaufort County | $242.5K | $269.4K | +11.1% |
| Pitt County | $255.1K | $265.3K | +4.0% |
| Pamlico County | $372.4K | $385K | +3.4% |
Housing Supply in Beaufort County, NC
How many homes are available in Beaufort County, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 159 | 163 | +2.5% |
Summary: The Beaufort County real estate market had 163 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 20 | 17 | -15.0% |
| 3 Bedrooms | 94 | 99 | +5.3% |
| 4 Bedrooms | 36 | 36 | 0.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Beaufort County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 32 | +39.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beaufort County, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Beaufort County in March 2024, up by 39.1% month-over-month. Of the 32 sold homes, 47% were sold under asking, 34% were sold at asking, and 19% were sold over asking.
Days on Market for Beaufort County, NC
How long does it take to sell a home in Beaufort County, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 62 Days | -11.2% |
Summary: Homes in Beaufort County had an average of 62 days on market in Mar 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beaufort County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 32 homes were sold in Beaufort County; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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