Market report, updated

Newbegun Land Home Values and Market Report

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Report prepared by Howardhannacoastal.com Howard Hanna Real Estate

Market at a glance

Over the last 12 months, homes sold for 94.3% of list price in 39 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $274K Sold · $266K
$820K$580K$340K$100K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Jul. Last month: 2.

Where the market stands

All homes in this report, by status.

22homes
Active4 · 18%
Under contract1 · 5%
Sold (12 mo)17 · 77%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$594K
Under contract$500K
Sold$462K

Average days on market

Active81 days
Under contract121 days
Sold39 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $593,845
Avg. days on market 81 days
Avg. price per ft² $213 Based on 3 of 4 homes
Avg. living area 3,561 ft² Based on 3 of 4 homes
Avg. beds / baths 4.7 / 3.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 3 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 3 homes in this status.

914 Maggie Ln$266
91 Small Dr$221
906 Broomfield Trl$154

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
222 Small DrElizabeth City, NC 27909 ———$217,000—28 days
91 Small DrElizabeth City, NC 27909 542,843$629,000$22151 days
914 Maggie LnElizabeth City, NC 27909 432,824$753,380$26682 days
906 Broomfield TrlElizabeth City, NC 27909 545,018$776,000$154162 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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