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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carteret County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Carteret County, NC

How much do homes in Carteret County, NC cost?

Median Sold Price

$513,515

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,873(+14.2%)

Key Takeaway

Homes in Carteret County have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Carteret County was $513,515 in November 2024, up 14.2% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $195.5K$185K
-5.4%
2 $374K$420K
+12.3%
3 $434.9K$486.7K
+11.9%
4 $715K$819.5K
+14.6%
5+ $1.2M$1.2M
0.2%

Summary: Carteret County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Counties

Carteret County
+14.2%
Onslow County
+5.7%
Craven County
+3.1%
Jones County
-0.7%

Housing Supply in Carteret County, NC

How many homes are available in Carteret County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
618613-0.8%

Summary: The Carteret County real estate market had 613 homes for sale in November 2024, a 0.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2022
+10.0%
2 110112
+1.8%
3 330323
-2.1%
4 120117
-2.5%
5+ 3839
+2.6%

Summary: The Carteret County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 2.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9477-18.1%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carteret 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 77 homes were sold or pending in Carteret County in November 2024, down by 18.1% month-over-month. Of the 77 sold homes, 71% were sold under asking, 16% were sold at asking, and 13% were sold over asking.

Days on Market for Carteret County, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days70 Days+105.3%

Summary: Homes in Carteret County had an average of 70 days on market in Nov 2024, up by 105.3% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 77 homes were sold in Carteret County; 45% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 30% 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 Carteret County, NC

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