New Bern Metro Area, NC Housing

The housing market in the New Bern, NC Metro Area is thriving. The median value of homes in this area is $232,000, which is significantly lower than the US median value of $338,100. Despite the difference in price points from one region to another, New Bern has seen a significant increase in appreciation rates over the past year at 16.64%, much higher than the national average of 8.27%. With such an attractive rate of growth, it's clear that investing in real estate here can be a smart decision for potential homeowners and real estate investors alike.

The median home cost in New Bern Metro Area is $232,000. Home appreciation the last 10 years has been 65.5%. Home Appreciation in New Bern Metro Area is up 19.7%.

Average Age of Homes

- The median age of New Bern Metro Area real estate is 30 years old

The Rental Market in New Bern Metro Area

- Renters make up 29.2% of the New Bern Metro Area population
- 2.0% of houses and apartments in New Bern Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Bern, North Carolina	United States
	58,661.0	139,647,020.0
	32	42
	$232,000	$338,100
	19.7%	16.6%
	63.5%	57.0%
	65.5%	101.1%
	$7.50	$10.98
	$1,216	$2,690
	56.6%	57.4%
	15.9%	11.2%
	27.5%	31.4%
Vacant Housing
	2.0%	1.9%
	0.5%	0.4%
	1.1%	0.7%
	0.7%	0.4%
	3.2%	3.6%
	8.4%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	3.3%	2.4%
	4.0%	2.8%
	5.3%	3.9%
	7.4%	4.5%
	19.1%	11.3%
	19.3%	13.0%
	19.2%	20.1%
	9.9%	13.6%
	3.6%	8.3%
	3.3%	9.7%
	0.7%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	19.6%	13.6%
	19.6%	13.6%
	18.3%	13.6%
	16.1%	13.2%
	13.3%	14.8%
	18.3%	13.6%
	7.0%	10.0%
	3.4%	4.7%
	4.8%	12.2%

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