Is New Bern, NC 28562 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

New Bern is a seller’s market. With about 3.6 months of supply and 11% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score31/ 100

More competitive than 28% of U.S. ZIP codes, and #214 of 424 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.6Under 4 months = seller’s market
Sold above original list11.2%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$183▲ +2.5% vs. last year

The New Bern housing market right now

In the three months ending August 31, 2026, 11% of homes in New Bern, NC 28562 sold above their list price, the typical home went under contract in 63 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 239 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (27 days then) and the median sale price rose 4% to $348,849. Overall, New Bern is less competitive than a year ago, which gives buyers more room.

Within Craven County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, New Bern ranks #214 of 424 NC ZIP codes with enough sales (score 31 out of 100).

Nearby, buyers who want less competition could look at Ernul 28527 (0% sold over asking) or Dover 28526 (0% sold over asking), while Cove City 28523 (33% sold over asking) and Cherry Point 28533 (26% sold over asking) are even more competitive.

Nearby markets

Bridgeton 28519 $189 /sq ftCherry Point 28533Seller’s market $174 /sq ftCove City 28523Seller’s market $118 /sq ftDover 28526Seller’s market $42 /sq ft Browse all markets →

Where New Bern is

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Questions about New Bern real estate

Is New Bern a buyer’s or seller’s market?

A seller’s market: there were 3.6 months of supply in New Bern, NC 28562 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in New Bern?

The typical home went under contract in 63 days in the latest three months.

Do homes in New Bern sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in New Bern?

About 0.63% of a home’s value a year in Craven County, or roughly $2,520 on a $400,000 home.

What is the median home price in New Bern?

The median sale price was $348,849 in the three months ending August 31, 2026, about $183 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology