Elizabeth City housing market — May 2025

What sold, what it sold for, and how long it took. Published September 26, 2026 and kept as written.

52

Homes sold

down 5.5% from a year ago

$331,438

Middle sale price

up 6.6% from a year ago

$175

Per square foot

middle, sold

15

Days on market

middle

100%

Of first asking price

22 sold above asking

3.7

Months of supply

at this pace

52 homes sold in Elizabeth City in May 2025 at a middle price of $331,438, about $175 a square foot. The middle home took 15 days to sell. Sellers received 100% of their first asking price on average, and 22 homes sold above it.

A year earlier, 55 homes sold at a middle price of $311,000 — sales are down 5.5% and the middle price is up 6.6%.

54 homes came on the market during the month. New construction was 17.3% of everything that sold.

As this report was written, 191 homes were for sale in Elizabeth City and 75 were under contract — about 3.7 months of supply at May 2025's pace of sales.

Busiest neighborhoods in May 2025

NeighborhoodTownSoldMiddle price
Tooley HarborElizabeth City6$432,495
Matthews AcresElizabeth City3$390,000
QueenswoodElizabeth City3$385,000
Hickory AcresElizabeth City2$345,000
Hunters LakeElizabeth City2$317,000
Morgan ViewElizabeth City2$428,995
Pine Lake ForestElizabeth City2$317,438
Strawberry AcresElizabeth City2$379,088

Every month on file for Elizabeth City

‹ June 2025 · April 2025 ›

May 2025 elsewhere in southeastern NC

Questions, answered

How many homes sold in Elizabeth City in May 2025?

52 homes sold in Elizabeth City in May 2025 at a middle price of $331,438, about $175 a square foot. The middle home took 15 days to sell. Sellers received 100% of their first asking price on average, and 22 homes sold above it.

What is the median home price in Elizabeth City?

$331,438 for homes that sold in May 2025, about $175 per square foot.

Are home prices going up or down in Elizabeth City?

A year earlier, 55 homes sold at a middle price of $311,000 — sales are down 5.5% and the middle price is up 6.6%.

Which neighborhoods sold the most homes in Elizabeth City?

Tooley Harbor (6), Matthews Acres (3), Queenswood (3), Hickory Acres (2), Hunters Lake (2), Morgan View (2).

See what's for sale now

Computed from Hive MLS records of homes that closed in May 2025 in Elizabeth City. Middle = median; days on market counts every listing period for the home. Inventory figures are as of the day this report was written. Published figures are never restated — a later report may differ as late closings are recorded. Information deemed reliable but not guaranteed.