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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Carteret 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 Carteret County, NC

How much do homes in Carteret County, NC cost?

Median Sold Price

$513,150

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$63,175(+14.0%)

Key Takeaway

Homes in Carteret County have sold for 14% more than they did a year ago.

Summary: The median home sold price in Carteret County was $513,150 in October 2024, up 14% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $181K$185K
+2.2%
2 $369.5K$424.3K
+14.8%
3 $435K$479.7K
+10.3%
4 $700K$810K
+15.7%
5+ $1.2M$1.2M
-0.7%

Summary: Carteret County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Counties

Carteret County
+14.0%
Onslow County
+5.5%
Craven County
+3.0%
Jones County
0.5%

Housing Supply in Carteret County, NC

How many homes are available in Carteret County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
587622+6.0%

Summary: The Carteret County real estate market had 622 homes for sale in October 2024, a 6.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1521
+40.0%
2 96113
+17.7%
3 314327
+4.1%
4 126124
-1.6%
5+ 3637
+2.8%

Summary: The Carteret County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 2.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
91910.0%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

5 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. 68.1% of homes here sold below asking price last month.

Summary: A total of 91 homes were sold or pending in Carteret County in October 2024, the same as the previous month. Of the 91 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% 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

Oct 2023Oct 2024CHANGE
44 Days53 Days+20.0%

Summary: Homes in Carteret County had an average of 53 days on market in Oct 2024, up by 20% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

17 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 October 2024, 91 homes were sold in Carteret County; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 19% 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 Carteret County, NC

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