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COVE CITY, NC 28523

Real Estate Market Report  ·  Craven County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The COVE CITY, NC real estate market (28523) currently shows 2 active listings. Homes are averaging 108 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 108 days on market compared to 46 days last year.

The median listing price has risen 51.5% year-over-year, from $247,450 to $374,950.

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Market Context

Market Context

Population: 2,495  ·  Density: 14.7/mi²  ·  Median household income: $43,994

Typical home value: $149,389  ·  Homeownership: 70.6%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
0
0% pending ratio
Median Price
$374,950
⇧ 51.5% vs $247,450 last year
Average Price
$374,950
⇧ 58.9% vs $235,975 last year
Days on Market
108
⇧ 134.8% vs 46 days last year

Price Per Square Foot

Median $/sqft
$271
⇧ 120.3% vs $123/sqft last year
Median Home Size
1,329 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 108 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $374,950 (+51.5% YoY)
  • Average: $374,950 (+58.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.5 miles — 1,322 listings ($510,037,709 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28523Cove City, NC 285230.0 mi6$1,889,898$259,950$314,983
28586Vanceboro, NC 2858610.6 mi13$3,723,525$263,450$286,425
28562New Bern, NC 2856213.0 mi302$139,676,208$382,328$462,504
28530Grifton, NC 2853013.3 mi33$7,633,692$234,900$231,324
28519Bridgeton, NC 2851916.8 mi1$767,000$767,000$767,000
28560New Bern, NC 2856018.8 mi232$93,863,488$349,900$404,584
27817Chocowinity, NC 2781720.7 mi22$12,434,664$577,393$565,212
27837Grimesland, NC 2783721.9 mi59$30,998,364$391,338$525,396
28590Winterville, NC 2859022.7 mi159$55,841,277$326,000$351,203
28555Maysville, NC 2855523.4 mi54$21,007,080$325,750$389,020
28529Grantsboro, NC 2852924.8 mi2$610,000$305,000$305,000
28546Jacksonville, NC 2854626.2 mi426$135,997,092$329,500$319,242
28572Pink Hill, NC 2857227.5 mi13$5,595,421$292,450$430,417

Frequently Asked Questions

How many homes are for sale in COVE CITY, NC 28523?

As of September 2026, there are 2 active listings in COVE CITY, NC (zip code 28523), compared to 4 the prior year.

What is the median home price in COVE CITY, NC 28523?

The median listing price in COVE CITY, NC 28523 is $374,950 as of September 2026, a 51.5% increase from $247,450 the prior year.

How long do homes stay on the market in COVE CITY, NC?

Homes in COVE CITY, NC 28523 spend an average of 108 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in COVE CITY, NC 28523?

Based on current inventory and days-on-market data as of September 2026, COVE CITY, NC 28523 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 108 days on market compared to 46 days last year.

How much can I save on real estate commission in COVE CITY, NC?

With SELL123.com's maximum 3% commission, sellers in COVE CITY, NC 28523 save an estimated $7,499 compared to a typical 5% commission on the median listing price of $374,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.