Is Belhaven, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belhaven is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Belhaven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belhaven, NC

How much do homes in Belhaven, NC cost?

Median Sold Price

$307,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,000(+2.3%)

Key Takeaway

Homes in Belhaven have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Belhaven was $307,000 in November 2024, up 2.3% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$255K
N/A
2 $339K$319.5K
-5.8%
3 $240K$302.4K
+26.0%
4 $324.5K$515K
+58.7%
5+ $507K-
N/A

Summary: Belhaven housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 26%, 4 bedroom homes increased by 58.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pantego Township
+8.8%
Belhaven
+2.3%

Housing Supply in Belhaven, NC

How many homes are available in Belhaven, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2933+13.8%

Summary: The Belhaven real estate market had 33 homes for sale in November 2024, a 13.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1818
0.0%
4 25
+150.0%
5+ 33
0.0%

Summary: The Belhaven housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belhaven, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Belhaven in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Belhaven, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days85 Days+442.9%

Summary: Homes in Belhaven had an average of 85 days on market in Nov 2024, up by 442.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Belhaven are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Belhaven; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Belhaven, NC

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