North Carolina Home Values & Market Trends

There have been 173,024 properties sold in the North Carolina real estate market trends. Median home values in the North Carolina housing market are $320,730.38. The median residential home value for transactions over the last 12 months is 284,414.428. The State of North Carolina currently has 2,533 properties in foreclosure, 294 bank owned properties, and 1,160 headed for auction.

North Carolina Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Mecklenburg

$ 400,000

$ 221/sqft

Wayne

$ 158,614

$ 113/sqft

Wake

$ 473,515

$ 223/sqft

Watauga

$ 570,000

$ 310/sqft

Cumberland

$ 216,250

$ 131/sqft

Clay

$ 472,500

$ 214/sqft

Buncombe

$ 539,000

$ 295/sqft

Surry

$ 225,362

$ 129/sqft

Onslow

$ 244,525

$ 156/sqft

Halifax

$ 139,900

$ 85/sqft

Guilford

$ 265,000

$ 156/sqft

Granville

$ 386,254

$ 208/sqft

Durham

$ 399,999

$ 222/sqft

Person

$ 359,000

$ 185/sqft

Brunswick

$ 547,988

$ 260/sqft

Chowan

$ 259,000

$ 136/sqft

Gaston

$ 272,100

$ 178/sqft

Stokes

$ 230,815

$ 174/sqft

Forsyth

$ 275,500

$ 144/sqft

Polk

$ 422,500

$ 233/sqft

Johnston

$ 359,900

$ 184/sqft

Vance

$ 214,616

$ 141/sqft

Iredell

$ 445,552

$ 196/sqft

Davie

$ 263,000

$ 156/sqft

Cabarrus

$ 342,000

$ 193/sqft

Montgomery

$ 259,000

$ 168/sqft

Catawba

$ 299,000

$ 174/sqft

Pamlico

$ 443,540

$ 236/sqft

Harnett

$ 320,000

$ 157/sqft

Alexander

$ 301,837

$ 181/sqft

Henderson

$ 453,138

$ 249/sqft

Yancey

$ 320,000

$ 206/sqft

Rowan

$ 282,813

$ 168/sqft

Hertford

$ 90,402

$ 67/sqft

Alamance

$ 290,250

$ 170/sqft

Madison

$ 531,510

$ 282/sqft

Craven

$ 319,950

$ 169/sqft

Sampson

$ 276,718

$ 129/sqft

Carteret

$ 531,335

$ 302/sqft

Pender

$ 470,454

$ 199/sqft

Haywood

$ 412,587

$ 251/sqft

Ashe

$ 573,627

$ 212/sqft

Moore

$ 440,120

$ 205/sqft

Perquimans

$ 418,500

$ 164/sqft

Pitt

$ 271,354

$ 147/sqft

Avery

$ 422,221

$ 289/sqft

Orange

$ 536,576

$ 263/sqft

Currituck

$ 369,693

$ 207/sqft

Lincoln

$ 424,860

$ 207/sqft

Warren

$ 385,127

$ 217/sqft

Chatham

$ 742,880

$ 254/sqft

Columbus

$ 180,000

$ 111/sqft

Cleveland

$ 235,000

$ 151/sqft

New Hanover

$ 427,397

$ 244/sqft

Davidson

$ 273,525

$ 156/sqft

Scotland

$ 162,350

$ 89/sqft

Nash

$ 240,657

$ 139/sqft

Yadkin

$ 199,000

$ 142/sqft

Franklin

$ 405,100

$ 200/sqft

Swain

$ 315,179

$ 172/sqft

Macon

$ 498,000

$ 289/sqft

Mcdowell

$ 299,900

$ 175/sqft

Burke

$ 232,890

$ 158/sqft

Washington

$ 99,900

$ 69/sqft

Caldwell

$ 270,205

$ 173/sqft

Anson

$ 219,900

$ 133/sqft

Randolph

$ 248,043

$ 168/sqft

Northampton

$ 170,224

$ 115/sqft

Hoke

$ 272,000

$ 148/sqft

Dare

$ 555,034

$ 294/sqft

Wilkes

$ 244,648

$ 146/sqft

Camden

$ 368,239

$ 195/sqft

Lee

$ 313,881

$ 165/sqft

Mitchell

$ 229,500

$ 127/sqft

Union

$ 500,000

$ 238/sqft

Caswell

$ 237,500

$ 141/sqft

Rutherford

$ 349,450

$ 173/sqft

Alleghany

$ 330,000

$ 187/sqft

Stanly

$ 295,135

$ 179/sqft

Martin

$ 144,700

$ 90/sqft

Robeson

$ 167,531

$ 102/sqft

Gates

$ 236,000

$ 136/sqft

Cherokee

$ 348,899

$ 216/sqft

Bertie

$ 94,936

$ 80/sqft

Transylvania

$ 626,616

$ 264/sqft

Jones

$ 235,000

$ 160/sqft

Wilson

$ 206,736

$ 125/sqft

Greene

$ 241,000

$ 139/sqft

Beaufort

$ 354,900

$ 159/sqft

Duplin

$ 280,000

$ 102/sqft

Jackson

$ 497,000

$ 286/sqft

Tyrrell

$ 271,000

$ 185/sqft

Rockingham

$ 158,327

$ 117/sqft

Graham

$ 270,000

$ 167/sqft

Edgecombe

$ 154,760

$ 108/sqft

Bladen

$ 175,000

$ 95/sqft

Pasquotank

$ 274,508

$ 148/sqft

Hyde

$ 295,000

$ 138/sqft

Lenoir

$ 183,750

$ 101/sqft

Richmond

$ --

$ --

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Housing Market Summary for North Carolina

Mar 2023February 2024Change
Median Listing Price$339.2K$315.6K-6.96%
Median Sold Price$304.3K$315.6K3.72%
Homes For Sale15,24817,54415.06%
Homes Sold93,64587,480-6.58%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in North Carolina

There are currently 17,765 properties for sale in North Carolina. The current home value ranges in price from 1 to 22,000,000. The total count of properties in the state is 3,674,741, and the percentage of properties for sale is 17765.00%.

Foreclosure
There are 100 counties within North Carolina; within these counties, the median estimated home value for homes in foreclosure ranges from $963,631 in Northampton to the lowest value of $9,565 in Northampton. Foreclosure homes account for 0.00% of properties in North Carolina with Mecklenburg containing 233 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in North Carolina with Mecklenburg containing 113 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 100 counties within North Carolina; of those counties, the estimated home value for pre-foreclosure homes ranges from $3,381,221 in Person to the lowest home value of $23,610 in Halifax.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in North Carolina ranges from the highest value of $229,873 in Polk to the lowest value of $9,565 in Northampton. Bank owned homes and properties account for 0.01% of properties in North Carolina. There are 100 counties within North Carolina; Robeson containing 19 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Mecklenburg has 116 auction properties, the highest number of properties going to auction in a single county in the state of North Carolina. Auction homes and other auction properties account for 0.03% of all properties in North Carolina. There are 100 counties within North Carolina; of those counties, the median estimated home value for homes going to auction ranges from $1,541,172 in Watauga to the lowest value of $29,980 in Watauga.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in North Carolina with Mecklenburg containing 1905 homes for sale, the highest number of listed properties in a single county. There are 100 counties within North Carolina; homes for sale in those counties, have a range of median values from $295,000 in Hyde to the lowest value of $10,830 in Bertie.
    Sold Homes
    The median value for recently sold homes ranges from $3,571,050 in Watauga to the lowest price of $8,149 in Watauga. There are 100 counties within North Carolina. Wake has 7685 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.31% of properties in North Carolina.

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      Guide for North Carolina

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent
      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Buy to Rent|posted 6 February 2024

      Raleigh’s real estate market in 2023 displays robust growth with increased average property values and sold prices. However, contrasting trends in neighboring cities such as Zebulon, Youngsville, Wilson, and Yanceyville underline the need for thorough market understanding for real estate investments.