Is Hertford County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hertford County was a Seller's Market.
Housing Prices in Hertford County, NC
How much do homes in Hertford County, NC cost?
Median Sold Price
$181,000
$128/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Hertford County was $181,000 in May 2024, down 4.7% from last month, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $39.9K | - | N/A |
3 Bedrooms | $200K | $181K | -9.5% |
4 Bedrooms | $190K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Hertford County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Hertford County | $190K | $181K | -4.7% |
Gates County | $291K | $178.7K | -38.6% |
Housing Supply in Hertford County, NC
How many homes are available in Hertford County, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 41 | -6.8% |
Summary: The Hertford County real estate market had 41 homes for sale in May 2024, a 6.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 13 | 9 | -30.8% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Hertford County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hertford County in May 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Hertford County, NC
How long does it take to sell a home in Hertford County, NC?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
122 Days | 61 Days | -50.0% |
Summary: Homes in Hertford County had an average of 61 days on market in May 2024, down by 50% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Hertford County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.