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 November 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

$270,282

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,069(+2.3%)

Key Takeaway

Homes in Pitt County have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Pitt County was $270,282 in November 2024, up 2.3% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $118.1K$100K
-15.3%
2 $145.6K$165K
+13.3%
3 $255.2K$260K
+1.9%
4 $368.9K$381.4K
+3.4%
5+ $417.7K$374.9K
-10.3%

Summary: Pitt County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 10.3%.

Median Sold Price Compared To Nearby Counties

Beaufort County
+17.9%
Lenoir County
+5.9%
Martin County
+5.3%
Greene County
+5.1%
Pitt County
+2.3%

Housing Supply in Pitt County, NC

How many homes are available in Pitt County, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
699658-5.9%

Summary: The Pitt County real estate market had 658 homes for sale in November 2024, a 5.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 7676
0.0%
3 437416
-4.8%
4 139128
-7.9%
5+ 4536
-20.0%

Summary: The Pitt 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 4.8%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
158139-12.0%

Asking Price vs. Sold Price

68 Homes Were Sold
Under Asking

46 Homes Were Sold
At Asking

25 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. 48.9% of homes here sold below asking price last month.

Summary: A total of 139 homes were sold or pending in Pitt County in November 2024, down by 12.0% month-over-month. Of the 139 sold homes, 49% were sold under asking, 33% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
27 Days62 Days+123.3%

Summary: Homes in Pitt County had an average of 62 days on market in Nov 2024, up by 123.3% compared to last year.

Breakdown of Home Sale Times

66 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

30 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 November 2024, 139 homes were sold in Pitt County; 47% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

Newest Listings in Pitt County, NC

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