North Carolina real estate trends (July 2021)
How is the real estate market in North Carolina?
🏠 Average home value: $254,625
📈 2.17% home value increase month over month
💰 Median sale price: $312,000
⏳ 53 days on the market
🔑 Homes on the market: 15,971
📆 0.7 months of housing inventory
🏦 30-year mortgage rate: 3.04%
💵 Average income: $54,602
State of the market: B
Listing prices in North Carolina have declined recently, suggesting sellers had been overestimating what buyers would pay for homes. But the minuscule amount of inventory in the state should support market health for the foreseeable future.
*Data last updated July 2021
Recently, North Carolina has become a major destination for new residents — and it's easy to understand why.
From the warm sands of the Outer Banks to the Appalachian Mountains, North Carolina offers natural beauty and Southern charm. The Tar Heel State's park system includes more than 40 diverse sites, not to mention the dozen seashores, historic sites, and parkways that are part of the National Park Service.
Echoing the Wright Brothers' famous ingenuity, North Carolinians have a long history of advancing everything from jazz music to craft beer.
If you're thinking of buying or selling in North Carolina, these North Carolina housing predictions and stats can help you make an informed decision.
Want to save money when you buy or sell your home? With Clever, you'll only pay 1% or $3K in listing fees. Eligible buyers get 0.5% cash back after closing. Find out how much you can save with Clever today!
Selling a home in North Carolina
North Carolina real estate market forecast for sellers
⏰ Homes are selling 15.5 days faster than the annual average
💰 Homes are selling for $142 more than the annual average
💸 Average listing commission: 2.86%
💸 Average buyer's commission: 2.59%
How to sell a home in North Carolina
- The Best Low Commission Real Estate Brokers
- Top Real Estate Agents in North Carolina (June 2021 Rankings)
- 8 Steps to Selling a House in North Carolina
- How to Sell a House By Owner in North Carolina (2021 Update)
- 5 Best North Carolina Flat-Fee MLS Companies in 2021
- We Buy Houses for Cash Companies in North Carolina (2021 Rankings)
Cost to sell a home in North Carolina
- The Average North Carolina Real Estate Commission (2021)
- North Carolina Seller Closing Costs in 2021: How Much Will You Pay?
- The Ultimate Guide to North Carolina Real Estate Taxes
Buying a home in North Carolina
How much home you can buy with $300,000 in...
🏠 Charlotte: 1,626 sq ft
🏡 Asheville: 1,217 sq ft
🏡 Raleigh: 1,543 sq ft
🏠 Durham: 1,396 sq ft
- How to Save with a Home Buyer Rebate
- 8 Definitive Steps to Buying a House in North Carolina
- The Clever Blog
- The Best Time to Buy a House in North Carolina
Investing in North Carolina real estate
- Top 5 Best Real Estate Investment Markets in North Carolina
- How to Buy a Foreclosed Home in North Carolina
- The Ultimate Guide to Flipping Houses in North Carolina
- A Beginner's Guide to Buying an Apartment Building
Best of North Carolina
Each month, we compare cities in North Carolina based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.
Most Affordable Cities in North Carolina
1. Mount Airy
5. Forest City
Worst of North Carolina
Each month, we compare cities in North Carolina based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.
Least Affordable Cities in North Carolina
2. Pinehurst-Southern Pines
5. Roanoke Rapids
North Carolina resources
- North Carolina Real Estate Commission
- North Carolina's real estate license verification
- North Carolina's real estate agent code of conduct
- North Carolina's disclosure forms
- Transfer taxes in North Carolina
- Home buying assistance programs in North Carolina
Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.