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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duplin County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Duplin County, NC

How much do homes in Duplin County, NC cost?

Median Sold Price

$245,500

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,500(+11.6%)

Key Takeaway

Homes in Duplin County have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Duplin County was $245,500 in October 2024, up 11.6% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$742.5K
N/A
2 $127.7K$170K
+33.1%
3 $220K$245K
+11.4%
4 $382.5K$372.5K
-2.6%
5+ $405K$378K
-6.7%

Summary: Duplin County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 6.7%.

Median Sold Price Compared To Nearby Counties

Duplin County
+11.6%
Onslow County
+5.5%
Wayne County
+4.0%
Sampson County
+3.3%
Pender County
0.3%

Housing Supply in Duplin County, NC

How many homes are available in Duplin County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
145147+1.4%

Summary: The Duplin County real estate market had 147 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 7281
+12.5%
4 5651
-8.9%
5+ 78
+14.3%

Summary: The Duplin 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 decreased by 30%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1727+58.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duplin County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Duplin County in October 2024, up by 58.8% month-over-month. Of the 27 sold homes, 56% were sold under asking, 26% were sold at asking, and 19% were sold over asking.

Days on Market for Duplin County, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days47 Days+0.9%

Summary: Homes in Duplin County had an average of 47 days on market in Oct 2024, up by 0.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 27 homes were sold in Duplin County; 52% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 22% 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 Duplin County, NC

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What housing markets are near Duplin County, NC?