Is Martin 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, Martin County has remained a Seller's Market.
Housing Prices in Martin County, NC
How much do homes in Martin County, NC cost?
Median Sold Price
$150,500
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Martin County was $150,500 in March 2024, up 11.5% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $144.9K | - | N/A |
2 Bedrooms | $70.5K | $109.4K | +55.2% |
3 Bedrooms | $137K | $164.9K | +20.4% |
4 Bedrooms | $179.5K | $203.7K | +13.5% |
5+ Bedrooms | $88.6K | $89K | 0.4% |
Summary: Martin 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 55.2%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 0.4%.
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% |
Housing Supply in Martin County, NC
How many homes are available in Martin County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 66 | 0.0% |
Summary: The Martin County real estate market had 66 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 33 | 40 | +21.2% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Martin 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 decreased by 6.3%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Martin County in March 2024, the same as the previous month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for Martin County, NC
How long does it take to sell a home in Martin County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
84 Days | 47 Days | -44.1% |
Summary: Homes in Martin County had an average of 47 days on market in Mar 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Martin County; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.