Is Martin 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, Martin County has remained a Seller's Market.
Housing Prices in Martin County, NC
How much do homes in Martin County, NC cost?
Median Sold Price
$152,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Martin County was $152,500 in April 2024, up 13% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $144.9K | - | N/A |
2 Bedrooms | $71.5K | $117.7K | +64.6% |
3 Bedrooms | $139K | $164.9K | +18.6% |
4 Bedrooms | $177K | $203.7K | +15.1% |
5+ Bedrooms | $182K | $89K | -51.1% |
Summary: Martin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 64.6%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 51.1%.
Median Sold Price Compared To Nearby Counties
Martin County | $135K | $152.5K | +13.0% |
Washington County | $125K | $138.7K | +11.0% |
Beaufort County | $247.6K | $269.9K | +9.0% |
Pitt County | $255K | $266.2K | +4.4% |
Housing Supply in Martin County, NC
How many homes are available in Martin County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 74 | +12.1% |
Summary: The Martin County real estate market had 74 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 16 | 12 | -25.0% |
3 Bedrooms | 39 | 48 | +23.1% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Martin 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 decreased by 25%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Martin County in April 2024, down by 7.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for Martin County, NC
How long does it take to sell a home in Martin County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 53 Days | +41.7% |
Summary: Homes in Martin County had an average of 53 days on market in Apr 2024, up by 41.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Martin County; 46% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.