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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pamlico County is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Pamlico County has remained a Buyer's Market.

Key Takeaway

Pamlico County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pamlico County, NC

How much do homes in Pamlico County, NC cost?

Median Sold Price

$430,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,000(+19.4%)

Key Takeaway

Homes in Pamlico County have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Pamlico County was $430,000 in November 2024, up 19.4% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $398.5K$420K
+5.4%
2 $256.2K$287.5K
+12.2%
3 $383.5K$480K
+25.2%
4 $512.6K$627.5K
+22.4%
5+ $489K$500K
+2.2%

Summary: Pamlico County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Counties

Pamlico County
+19.4%
Beaufort County
+17.9%
Craven County
+3.1%

Housing Supply in Pamlico County, NC

How many homes are available in Pamlico County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10293-8.8%

Summary: The Pamlico County real estate market had 93 homes for sale in November 2024, a 8.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 1710
-41.2%
3 7568
-9.3%
4 912
+33.3%
5+ 01
+100.0%

Summary: The Pamlico County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 41.2%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pamlico County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Pamlico County in November 2024, down by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 42% were sold at asking, and 0% were sold over asking.

Days on Market for Pamlico County, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days55 Days-23.6%

Summary: Homes in Pamlico County had an average of 55 days on market in Nov 2024, down by 23.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Pamlico County; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Pamlico County, NC

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