New Bern, NC Home Values & Market Trends
Real estate market trends reflect that there have been 1,429 transactions over the past year in New Bern. The median value for residential home transactions that occurred over the previous year is $275,145.93. The number of current listings in New Bern is 225, and the percentage of properties for sale in the city is 225.00%. New Bern, NC currently has 43 properties in foreclosure, 4 bank owned properties, 23 properties headed for auction, and 225 properties for sale.
New Bern, NC Real Estate Market Overview
Housing Market Summary for New Bern, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $320K | $286.1K | -10.59% |
| Median Sold Price | $250.5K | $286.1K | 14.22% |
| Homes For Sale | 155 | 234 | 50.97% |
| Homes Sold | 808 | 619 | -23.39% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Bern, NC
Browse Homes in New Bern, NC
New Bern home values range from $20,250 to $3,265,885. The median estimated value of a home in New Bern is $275,145.93. The median list price of a home is 329,000, and the total count of properties in the city is 26,707.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in New Bern, NC with 28562 containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within New Bern, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $367,297 in 28560 to the lowest home value of $59,923 in 28562.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Bern, NC ranges from the highest value of $818,174 in 28562 to the lowest value of $199,808 in 28562. Bank owned homes and properties account for 0.01% of properties in New Bern, NC. There are 2 zips within New Bern, NC; 28562 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28562 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of New Bern, NC. Auction homes and other auction properties account for 0.09% of all properties in New Bern, NC. There are 2 zips within New Bern, NC; of those zips, the median estimated home value for homes going to auction ranges from $454,318 in 28560 to the lowest value of $70,677 in 28560.
Compare Nearby Cities
More Real Estate Resources for New Bern, NC
Guide for New Bern, NC
North Carolina Foreclosure Laws
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