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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaufort County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Beaufort County was a Seller's Market.

Key Takeaway

Beaufort County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Beaufort County, NC

How much do homes in Beaufort County, NC cost?

Median Sold Price

$305,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+17.3%)

Key Takeaway

Homes in Beaufort County have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in Beaufort County was $305,000 in October 2024, up 17.3% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$119K
-23.2%
2 $178.7K$249.6K
+39.6%
3 $256.5K$285K
+11.1%
4 $312.5K$437K
+39.8%
5+ $325.6K$335K
+2.9%

Summary: Beaufort County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes increased by 39.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 39.8%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Counties

Washington County
+57.1%
Beaufort County
+17.3%
Pamlico County
+16.7%
Martin County
+3.6%
Pitt County
+1.0%

Housing Supply in Beaufort County, NC

How many homes are available in Beaufort County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
196194-1.0%

Summary: The Beaufort County real estate market had 194 homes for sale in October 2024, a 1.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2728
+3.7%
3 122120
-1.6%
4 3636
0.0%
5+ 109
-10.0%

Summary: The Beaufort County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3328-15.2%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaufort County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Beaufort County in October 2024, down by 15.2% month-over-month. Of the 28 sold homes, 71% were sold under asking, 18% were sold at asking, and 11% were sold over asking.

Days on Market for Beaufort County, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days43 Days-15.9%

Summary: Homes in Beaufort County had an average of 43 days on market in Oct 2024, down by 15.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 28 homes were sold in Beaufort County; 54% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% 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 20 Days Ago

Newest Listings in Beaufort County, NC

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