Is Edgecombe County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Edgecombe County has remained a Seller's Market.
Housing Prices in Edgecombe County, NC
How much do homes in Edgecombe County, NC cost?
Median Sold Price
$164,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Edgecombe County was $164,000 in April 2024, up 1.9% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169.9K | $63K | -62.9% |
2 Bedrooms | $78K | $86.9K | +11.4% |
3 Bedrooms | $160K | $170K | +6.3% |
4 Bedrooms | $259.9K | $260.9K | 0.4% |
5+ Bedrooms | $295.2K | $297.6K | +0.8% |
Summary: Edgecombe County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.9%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Counties
Martin County | $135K | $152.5K | +13.0% |
Wilson County | $225K | $243.8K | +8.4% |
Nash County | $250.5K | $263.1K | +5.1% |
Edgecombe County | $161K | $164K | +1.9% |
Halifax County | $172.5K | $137.2K | -20.4% |
Housing Supply in Edgecombe County, NC
How many homes are available in Edgecombe County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
167 | 189 | +13.2% |
Summary: The Edgecombe County real estate market had 189 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 99 | 111 | +12.1% |
4 Bedrooms | 34 | 40 | +17.6% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Edgecombe County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 33 | +43.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Edgecombe County in April 2024, up by 43.5% month-over-month. Of the 33 sold homes, 45% were sold under asking, 33% were sold at asking, and 21% were sold over asking.
Days on Market for Edgecombe County, NC
How long does it take to sell a home in Edgecombe County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 54 Days | -27.4% |
Summary: Homes in Edgecombe County had an average of 54 days on market in Apr 2024, down by 27.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in Edgecombe County; 39% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.