Is Pender 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, Pender County has remained a Seller's Market.
Key Takeaway
Pender County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pender County, NC
How much do homes in Pender County, NC cost?
Median Sold Price
$429,914
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pender County have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Pender County was $429,914 in April 2024, up 6.2% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $332.5K | +121.7% |
| 2 Bedrooms | $195K | $225K | +15.4% |
| 3 Bedrooms | $364.1K | $369.9K | +1.6% |
| 4 Bedrooms | $467.9K | $510K | +9.0% |
| 5+ Bedrooms | $491.7K | $520K | +5.7% |
Summary: Pender County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.7%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Counties
| Duplin County | $210K | $237.5K | +13.1% |
| Brunswick County | $392K | $425K | +8.4% |
| New Hanover County | $404.4K | $430.1K | +6.4% |
| Pender County | $405K | $429.9K | +6.2% |
| Bladen County | $199.9K | $200K | 0.1% |
Housing Supply in Pender County, NC
How many homes are available in Pender County, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 406 | 395 | -2.7% |
Summary: The Pender County real estate market had 395 homes for sale in April 2024, a 2.7% decrease 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 | 20 | 22 | +10.0% |
| 3 Bedrooms | 214 | 207 | -3.3% |
| 4 Bedrooms | 147 | 141 | -4.1% |
| 5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Pender 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%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 80 | 82 | +2.5% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pender County, expect to pay close to the asking price. 43.9% of homes here sold near the asking price last month.
Summary: A total of 82 homes were sold or pending in Pender County in April 2024, up by 2.5% month-over-month. Of the 82 sold homes, 34% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Pender County, NC
How long does it take to sell a home in Pender County, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 75 Days | +55.0% |
Summary: Homes in Pender County had an average of 75 days on market in Apr 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pender County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 82 homes were sold in Pender County; 54% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.