Is Pitt 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, Pitt County has remained a Seller's Market.
Housing Prices in Pitt County, NC
How much do homes in Pitt County, NC cost?
Median Sold Price
$266,226
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pitt County was $266,226 in April 2024, up 4.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $111.5K | +31.2% |
2 Bedrooms | $135K | $157.5K | +16.7% |
3 Bedrooms | $244.3K | $259.5K | +6.2% |
4 Bedrooms | $365K | $378.7K | +3.8% |
5+ Bedrooms | $400K | $390K | -2.5% |
Summary: Pitt County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.2%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Counties
Martin County | $135K | $152.5K | +13.0% |
Beaufort County | $247.6K | $269.9K | +9.0% |
Lenoir County | $190K | $202.7K | +6.7% |
Pitt County | $255K | $266.2K | +4.4% |
Housing Supply in Pitt County, NC
How many homes are available in Pitt County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
568 | 590 | +3.9% |
Summary: The Pitt County real estate market had 590 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 60 | 65 | +8.3% |
3 Bedrooms | 334 | 359 | +7.5% |
4 Bedrooms | 140 | 135 | -3.6% |
5+ Bedrooms | 34 | 30 | -11.8% |
Summary: The Pitt County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 147 | +9.7% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
55 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 147 homes were sold or pending in Pitt County in April 2024, up by 9.7% month-over-month. Of the 147 sold homes, 40% were sold under asking, 37% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 61 Days | +66.3% |
Summary: Homes in Pitt County had an average of 61 days on market in Apr 2024, up by 66.3% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During April 2024, 147 homes were sold in Pitt County; 55% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.