$220,000
0.74 Acres
Land
#100480487, Listing Office: Chosen Realty of NC
Is Edenton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$278,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,000(+7.3%)
Key Takeaway
Homes in Edenton have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Edenton was $278,000 in November 2024, up 7.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $240K | N/A |
| 2 Bedrooms | $185K | $161.2K | -12.8% |
| 3 Bedrooms | $280K | $293.7K | +4.9% |
| 4 Bedrooms | $292K | $375K | +28.4% |
| 5+ Bedrooms | $394K | $598.7K | +52.0% |
Summary: Edenton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 52%.
Housing Supply in Edenton, NC
How many homes are available in Edenton, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 87 | -1.1% |
Summary: The Edenton real estate market had 87 homes for sale in November 2024, a 1.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 50 | 51 | +2.0% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Edenton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edenton, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Edenton in November 2024, down by 6.7% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 79 Days | 77 Days | -2.2% |
Summary: Homes in Edenton had an average of 77 days on market in Nov 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 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 November 2024, 14 homes were sold in Edenton; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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