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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duplin County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Duplin County, NC

How much do homes in Duplin County, NC cost?

Median Sold Price

$239,900

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$31,900(+15.3%)

Key Takeaway

Homes in Duplin County have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Duplin County was $239,900 in May 2024, up 15.3% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $86.5K-
N/A
2 $121K$170K
+40.5%
3 $205K$237K
+15.6%
4 $378K$337.5K
-10.7%
5+ $293K$378K
+29.0%

Summary: Duplin County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 29%.

Median Sold Price Compared To Nearby Counties

Duplin County
+15.3%
Sampson County
+7.1%
Onslow County
+6.6%
Pender County
+5.8%
Wayne County
+3.7%

Housing Supply in Duplin County, NC

How many homes are available in Duplin County, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
127140+10.2%

Summary: The Duplin County real estate market had 140 homes for sale in May 2024, a 10.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 56
+20.0%
3 8385
+2.4%
4 3441
+20.6%
5+ 57
+40.0%

Summary: The Duplin County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1424+71.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duplin County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Duplin County in May 2024, up by 71.4% month-over-month. Of the 24 sold homes, 58% were sold under asking, 33% were sold at asking, and 8% were sold over asking.

Days on Market for Duplin County, NC

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

Average Sale Time

May 2023May 2024CHANGE
57 Days51 Days-11.6%

Summary: Homes in Duplin County had an average of 51 days on market in May 2024, down by 11.6% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 24 homes were sold in Duplin County; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 1 Day Ago

Newest Listings in Duplin County, NC

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