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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Craven County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Craven County, NC

How much do homes in Craven County, NC cost?

Median Sold Price

$301,013

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,808(+3.0%)

Key Takeaway

Homes in Craven County have sold for 3% more than they did a year ago.

Summary: The median home sold price in Craven County was $301,013 in October 2024, up 3% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $255K$235K
-7.8%
2 $170K$178.7K
+5.1%
3 $270.1K$289.9K
+7.3%
4 $346.2K$367K
+6.0%
5+ $428.6K$450.5K
+5.1%

Summary: Craven County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Counties

Pamlico County
+16.7%
Carteret County
+14.0%
Lenoir County
+4.4%
Craven County
+3.0%
Jones County
0.5%

Housing Supply in Craven County, NC

How many homes are available in Craven County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
640620-3.1%

Summary: The Craven County real estate market had 620 homes for sale in October 2024, a 3.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 75
-28.6%
2 4655
+19.6%
3 387372
-3.9%
4 166161
-3.0%
5+ 3427
-20.6%

Summary: The Craven County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 19.6%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 20.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
124146+17.7%

Asking Price vs. Sold Price

76 Homes Were Sold
Under Asking

45 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Craven County, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.

Summary: A total of 146 homes were sold or pending in Craven County in October 2024, up by 17.7% month-over-month. Of the 146 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.

Days on Market for Craven County, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days54 Days+63.6%

Summary: Homes in Craven County had an average of 54 days on market in Oct 2024, up by 63.6% compared to last year.

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

30 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 146 homes were sold in Craven County; 54% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 21% 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 Craven County, NC

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