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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carteret County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Carteret County has remained a Seller's Market.

Key Takeaway

Carteret County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carteret County, NC

How much do homes in Carteret County, NC cost?

Median Sold Price

$475,256

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,068(+5.8%)

Key Takeaway

Homes in Carteret County have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Carteret County was $475,256 in April 2024, up 5.8% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $166.5K$210K
+26.1%
2 $360K$388.6K
+8.0%
3 $441.3K$450.4K
+2.1%
4 $600K$750K
+25.0%
5+ $1.3M$1.2M
-7.8%

Summary: Carteret County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.1%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Counties

Craven County
+7.8%
Onslow County
+6.6%
Carteret County
+5.8%
Jones County
+3.8%

Housing Supply in Carteret County, NC

How many homes are available in Carteret County, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
569619+8.8%

Summary: The Carteret County real estate market had 619 homes for sale in April 2024, a 8.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2626
0.0%
2 102113
+10.8%
3 286316
+10.5%
4 120124
+3.3%
5+ 3540
+14.3%

Summary: The Carteret 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 10.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
77108+40.3%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carteret County, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 108 homes were sold or pending in Carteret County in April 2024, up by 40.3% month-over-month. Of the 108 sold homes, 61% were sold under asking, 17% were sold at asking, and 22% were sold over asking.

Days on Market for Carteret County, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days53 Days+17.2%

Summary: Homes in Carteret County had an average of 53 days on market in Apr 2024, up by 17.2% compared to last year.

Breakdown of Home Sale Times

62 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 108 homes were sold in Carteret County; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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 10 Days Ago

Newest Listings in Carteret County, NC

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