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Foreclosure Homes in Elizabeth City, NC

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Elizabeth City, NC Foreclosures

Current Market Conditions in in Elizabeth City, NC As of April 2026?
In the past month, Elizabeth City's housing market witnessed a slight increase in home prices due to rising interest from buyers searching for affordable options. Several properties received multiple offers, indicating a competitive market. Inventory remains limited, which could lead to further price increases if this trend continues. Real estate professionals note an uptick in buyer interest as more people seek housing in suburban areas away from the more congested urban centers.
How much do homes sell for in Elizabeth City, NC?
The average home price is currently $296,095.
In Elizabeth City, NC, how many homes are available?
There are currently 75 active home listings available in Elizabeth City.
What’s the average rental cost in Elizabeth City, NC?
The average rental price in Elizabeth City is $1,125.
What is the most expensive home in Elizabeth City?
The most expensive home sold in Elizabeth City had a price of $24,917,909.
What is currently the cheapest priced home in Elizabeth City, NC?
The cheapest home for sale in Elizabeth City is priced at $10,018.

Living in Elizabeth City, NC

Elizabeth City, North Carolina, is a charming town located on the Pasquotank River, known for its welcoming community and beautiful waterfront. With a variety of recreational activities, local amenities, and educational opportunities, it is a perfect place to call home for families and professionals alike. The area's rich history and cultural offerings enhance its appeal as a residential destination.

Buyer vs Seller Market in Elizabeth City, NC

The real estate market in Elizabeth City is currently experiencing growth, driven by an influx of new residents attracted to its affordable housing and quality of life. Home prices remain relatively reasonable compared to the larger North Carolina markets, making it an appealing option for first-time buyers and those looking to relocate.

There is a notable demand for single-family homes, especially those near the waterfront or with modern amenities. The market is characterized by a mix of traditional homes and new constructions, catering to diverse buyer preferences.

Home Value Estimator For Elizabeth City, NC

There are currently 15,363 real estate properties in Elizabeth City, NC, with a median automated valuation model (AVM) price of $256,492.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elizabeth City, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elizabeth City, NC, is $296,095.00, with the most expensive house in Elizabeth City, NC, topping out at $24,917,909.00 and the cheapest home in Elizabeth City, NC, clocking in at $10,018.00. In other words, there’s something for every potential homebuyer or savvy investor in Elizabeth City, NC!

Rent Prices In Elizabeth City, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elizabeth City, NC, is on a rollercoaster ride. The average rent price in Elizabeth City, NC, is $1,125.00. Indeed, when looking to rent in Elizabeth City, NC, you can expect to pay as little as $530.00 or as much as $2,620.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Elizabeth City, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elizabeth City, NC Foreclosures


Market Trend for Elizabeth City, NC

Total Listings Available: 75

Market Values:

Home Prices from $10,018 to $24,917,909

Average Sales Price: $296,095

Rental Values:

Rental from $530 to $2,620

Average Rent Value: $1,125 / month

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