Market Intelligence Report — NC-020

Elizabeth City, NC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NC-09
As of the latest 2026 data
Stabilizing

Median Listing

$336K
-5.8% YoY

Pending Ratio

0.45
-21.5% YoY

Active Inventory

202
+22.9% YoY

Median DOM

67 Days
+19.0% YoY

Primary Intelligence Tool — Sold Score™

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The Elizabeth City market is currently stabilizing, with a pending ratio of 0.45. Median listing prices have observed a 5.8% decline year-over-year, alongside a 5.5% month-over-month decrease, indicating a recalibration in pricing dynamics. Active listings have expanded by 22.9% over the past year, reflecting increased supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Elizabeth City market right now.

Inventory levels have expanded significantly, with active listings up 22.9% year-over-year, while new listings saw a modest 3.0% decline over the same period. Median listing prices have retracted by 5.8% year-over-year and 5.5% month-over-month. The pending ratio has decreased by 21.5% year-over-year, settling at 0.45, indicating a deceleration in demand absorption relative to available supply. Median days on market increased by 19.0% year-over-year, further pointing to a slower pace of transactions.

Historical Analysis

Market Trends

Median Price

$336K-5.5% MoM

Active Inventory

202+22.9% YoY

Days on Market

67+19.0% YoY

Sold Score™

55-21.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

55
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current environment suggests a more balanced negotiating landscape. Expanding inventory levels and longer days on market indicate less pressure on buyers to act quickly, allowing for more deliberate decision-making. Sellers may need to exhibit greater price discipline, as evidenced by declining median listing prices, to align with prevailing market conditions and facilitate transactions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

202 active listings represent the current floor, with new supply arriving at roughly 64 per month.

Pricing Pressure
15.6%

of active listings carry a price reduction, -4.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.3% year-over-year.

Absorption
0.45

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Elizabeth City, NC? Homes here are taking 11 days longer to sell than last year.

Elizabeth City, NC is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
45%
Median Days on Market
67 days
Inventory YoY
+23%

Elizabeth City, NC is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Elizabeth City, NC
CBSA Code
21020
State
NC

ZIPs in Elizabeth City, NC

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