Real Estate Market Update for New Bern, NC
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 36% from one year earlier, and did not change from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 2%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 160-thousand dollars. The number of units sold increased 53% year-over-year, and decreased 6% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript

Map Information for New Bern, NC

Area Information for New Bern, NC
  • Population: 29,259
  • Median Age: 39.41 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,017/sq mi
  • Population Change Since 2000: 21.92%
  • Closest Airport: Coastal Carolina Regional
  • Closest College: Campbell University-camp Lejeune
  • Closest Jr. College: Craven Community College
  • Median Household Income: $45,714
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $229,000
  • Closest Major Sports Team: Carolina Mudcats (aa)
  • Change Avg. Household Income Since 2000: 54.09%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for New Bern, NC
Median Age: 39.41 Married: 39% Number of Households: 12,542 Households with Children: 3,137
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for New Bern, NC

      School Name Distance Type Grades School Rating
      Calvary Baptist Church School 0.7 mi Private K-12 0
      J T Barber Elementary 1.1 mi Public PRESCHOOL-5 1
      Grover C Fields Middle 1.1 mi Public 6-8 3
      Epiphany School Of Global Studies 1.3 mi Private K-12 0
      Trent Park Elementary 1.5 mi Public K-5 2
      St. Paul Catholic Education Center 1.7 mi Catholic PRESCHOOL-8 0
      Oaks Road Elementary 1.8 mi Public K-5 0
      Albert H Bangert Elementary 2.3 mi Public K-5 4
      H J Macdonald Middle 2.7 mi Public 6-8 2
      Craven Early College High 2.7 mi Public 9-UNGRADE 4
      Brinson Memorial Elementary 3.2 mi Public K-5 3
      New Bern High 3.5 mi Public 9-12 2
      Bridgeton Elementary 3.5 mi Public PRESCHOOL-5 2
      New Bern Christian Academy 3.8 mi Private K-12 0
      Ben D Quinn Elementary 4.4 mi Public PRESCHOOL-5 2
      Creekside Elementary 5.8 mi Public K-5 5
      West Craven Middle 9.0 mi Public 6-8 1
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for New Bern, NC
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
        CHOOSE YOUR LANGUAGE