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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pender County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pender County was a Seller's Market.

Key Takeaway

Pender County 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 Pender County, NC

How much do homes in Pender County, NC cost?

Median Sold Price

$426,617

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,430(+0.3%)

Key Takeaway

The sold price of homes in Pender County has remained the same since last year.

Summary: The median home sold price in Pender County was $426,617 in October 2024, up 0.3% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$332.5K
+47.8%
2 $218K$238K
+9.2%
3 $370K$375K
+1.4%
4 $495K$505K
+2.0%
5+ $520K$543.5K
+4.5%

Summary: Pender County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.8%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Counties

Duplin County
+11.6%
New Hanover County
+6.7%
Brunswick County
+1.4%
Pender County
0.3%
Bladen County
-7.1%

Housing Supply in Pender County, NC

How many homes are available in Pender County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
342351+2.6%

Summary: The Pender County real estate market had 351 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2017
-15.0%
3 170161
-5.3%
4 129136
+5.4%
5+ 2337
+60.9%

Summary: The Pender 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 15%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 60.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6758-13.4%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pender County, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Pender County in October 2024, down by 13.4% month-over-month. Of the 58 sold homes, 47% were sold under asking, 31% were sold at asking, and 22% were sold over asking.

Days on Market for Pender County, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days46 Days-13.1%

Summary: Homes in Pender County had an average of 46 days on market in Oct 2024, down by 13.1% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 58 homes were sold in Pender County; 53% of homes were sold within 30 days, 26% 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 Pender County, NC

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