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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pitt County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Pitt County has remained a Seller's Market.

Key Takeaway

Pitt County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pitt County, NC

How much do homes in Pitt County, NC cost?

Median Sold Price

$267,753

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,723(+1.0%)

Key Takeaway

Homes in Pitt County have sold for 1% more than they did a year ago.

Summary: The median home sold price in Pitt County was $267,753 in October 2024, up 1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $118.1K$97.5K
-17.4%
2 $146K$165K
+13.0%
3 $255K$259.9K
+1.9%
4 $368K$382.7K
+4.0%
5+ $417.8K$369.4K
-11.6%

Summary: Pitt County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 11.6%.

Median Sold Price Compared To Nearby Counties

Beaufort County
+17.3%
Lenoir County
+4.4%
Martin County
+3.6%
Pitt County
+1.0%

Housing Supply in Pitt County, NC

How many homes are available in Pitt County, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
651659+1.2%

Summary: The Pitt County real estate market had 659 homes for sale in October 2024, a 1.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 6472
+12.5%
3 402415
+3.2%
4 140126
-10.0%
5+ 4444
0.0%

Summary: The Pitt County 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 12.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
128151+18.0%

Asking Price vs. Sold Price

79 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pitt County, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.

Summary: A total of 151 homes were sold or pending in Pitt County in October 2024, up by 18.0% month-over-month. Of the 151 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.

Days on Market for Pitt County, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days42 Days+46.9%

Summary: Homes in Pitt County had an average of 42 days on market in Oct 2024, up by 46.9% compared to last year.

Breakdown of Home Sale Times

94 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 151 homes were sold in Pitt County; 62% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 16% 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 16 Days Ago

Newest Listings in Pitt County, NC

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