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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perquimans County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Perquimans County was a Neutral Market.

Key Takeaway

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

Housing Prices in Perquimans County, NC

How much do homes in Perquimans County, NC cost?

Median Sold Price

$335,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,000(+24.1%)

Key Takeaway

Homes in Perquimans County have sold for 24.1% more than they did a year ago.

Summary: The median home sold price in Perquimans County was $335,000 in November 2024, up 24.1% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $37K$95K
+156.8%
2 $160K$189K
+18.1%
3 $291K$348K
+19.6%
4 $273.7K$471.7K
+72.3%
5+ $55K$589.5K
+971.8%

Summary: Perquimans County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156.8%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 72.3%, and 5+ bedroom homes increased by 971.8%.

Median Sold Price Compared To Nearby Counties

Perquimans County
+24.1%
Pasquotank County
+7.4%
Chowan County
+7.3%

Housing Supply in Perquimans County, NC

How many homes are available in Perquimans County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109107-1.8%

Summary: The Perquimans County real estate market had 107 homes for sale in November 2024, a 1.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 7170
-1.4%
4 2321
-8.7%
5+ 56
+20.0%

Summary: The Perquimans County 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 remained the same, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
188-55.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perquimans County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Perquimans County in November 2024, down by 55.6% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Perquimans County, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days58 Days+51.0%

Summary: Homes in Perquimans County had an average of 58 days on market in Nov 2024, up by 51% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Perquimans County; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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 Perquimans County, NC

Nearby Markets to Perquimans County, NC

What housing markets are near Perquimans County, NC?