$5,926 Closing Credit*
$499,000
2,718 SqFt
4 Beds
•4 Full Baths, 1 Partial
#100475865, Listing Office: All Seasons Realty
Is Edenton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Edenton was a Seller's Market.
Key Takeaway
Edenton 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 Edenton, NC
How much do homes in Edenton, NC cost?
Median Sold Price
$279,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,500(+12.3%)
Key Takeaway
Homes in Edenton have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Edenton was $279,000 in October 2024, up 12.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $240K | N/A |
| 2 Bedrooms | $185K | $164.7K | -10.9% |
| 3 Bedrooms | $268K | $294.7K | +10.0% |
| 4 Bedrooms | $225K | $403.5K | +79.3% |
| 5+ Bedrooms | $510K | $265.5K | -47.9% |
Summary: Edenton 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 decreased by 10.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 79.3%, and 5+ bedroom homes decreased by 47.9%.
Housing Supply in Edenton, NC
How many homes are available in Edenton, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 89 | 89 | 0.0% |
Summary: The Edenton real estate market had 89 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 52 | 52 | 0.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Edenton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edenton, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Edenton in October 2024, up by 7.7% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Edenton, NC
How long does it take to sell a home in Edenton, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 42 Days | +39.7% |
Summary: Homes in Edenton had an average of 42 days on market in Oct 2024, up by 39.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edenton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Edenton; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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