Is Craven 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, Craven County has remained a Seller's Market.
Housing Prices in Craven County, NC
How much do homes in Craven County, NC cost?
Median Sold Price
$295,515
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Craven County was $295,515 in April 2024, up 7.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.9K | $242K | +1.7% |
2 Bedrooms | $160K | $175K | +9.4% |
3 Bedrooms | $257.5K | $279.9K | +8.7% |
4 Bedrooms | $332.7K | $350K | +5.2% |
5+ Bedrooms | $391K | $449K | +14.8% |
Summary: Craven County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Counties
Craven County | $274.1K | $295.5K | +7.8% |
Lenoir County | $190K | $202.7K | +6.7% |
Pamlico County | $365K | $387.5K | +6.2% |
Carteret County | $449.1K | $475.2K | +5.8% |
Jones County | $260K | $269.9K | +3.8% |
Housing Supply in Craven County, NC
How many homes are available in Craven County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
602 | 617 | +2.5% |
Summary: The Craven County real estate market had 617 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 46 | 52 | +13.0% |
3 Bedrooms | 343 | 359 | +4.7% |
4 Bedrooms | 173 | 164 | -5.2% |
5+ Bedrooms | 31 | 33 | +6.5% |
Summary: The Craven 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 13%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 6.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
119 | 150 | +26.1% |
Asking Price vs. Sold Price
80 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 150 homes were sold or pending in Craven County in April 2024, up by 26.1% month-over-month. Of the 150 sold homes, 53% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for Craven County, NC
How long does it take to sell a home in Craven County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 55 Days | +60.2% |
Summary: Homes in Craven County had an average of 55 days on market in Apr 2024, up by 60.2% compared to last year.
Breakdown of Home Sale Times
93 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During April 2024, 150 homes were sold in Craven County; 62% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.