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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perquimans County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Perquimans County has remained a Buyer's Market.

Key Takeaway

Perquimans County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Perquimans County, NC

How much do homes in Perquimans County, NC cost?

Median Sold Price

$379,750

$190/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$43,750(+13.0%)

Key Takeaway

Homes in Perquimans County have sold for 13% more than they did a month ago.

Summary: The median home sold price in Perquimans County was $379,750 in March 2024, up 13% from last month, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $130K$120K
-7.7%
3 $354.9K$387.5K
+9.2%
4 $263K$215K
-18.3%
5+ $651.9K-
N/A

Summary: Perquimans County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Chowan County
+39.1%
Perquimans County
+13.0%

Housing Supply in Perquimans County, NC

How many homes are available in Perquimans County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
88101+14.8%

Summary: The Perquimans County real estate market had 101 homes for sale in March 2024, a 14.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 46
+50.0%
3 5562
+12.7%
4 2226
+18.2%
5+ 44
0.0%

Summary: The Perquimans 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 50%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
10100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perquimans County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Perquimans County in March 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for Perquimans County, NC

How long does it take to sell a home in Perquimans County, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
107 Days79 Days-26.4%

Summary: Homes in Perquimans County had an average of 79 days on market in Mar 2024, down by 26.4% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 10 homes were sold in Perquimans County; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 26 Days Ago

Newest Listings in Perquimans County, NC

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