62Alpha

Elizabeth City, NC metro area Housing Market Brief

metro · NC · score computed October 2026

Seller's

What is Elizabeth City, NC metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum—No data
—
Inventory Health31%
●95

Population band 2 of 5 (population 37,900–58,725) · comparable within its band

Affordability25%
●38
Economic Strength25%
●43
Rental Yield19%
●63

Where is Elizabeth City, NC metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Elizabeth City, NC metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Elizabeth City, NC metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Elizabeth City, NC metro area housing market data

MetricValueYoYSource
Median Sale Price$346K▲ +1.3%Redfin
Median Days on Market70 days▼ -10.3%Redfin
Months of Supply5.2▲ +52.9%Redfin
Homes for Sale351▲ +13.6%Redfin
Homes Sold68▼ -24.4%Redfin
Median Price / Sq Ft$183▲ +1.7%Redfin

How has Elizabeth City, NC metro area’s Alpha Score moved?

Now: 62
2-period trend
Median sale price · 12 mo

Markets like Elizabeth City, NC metro area

Frequently asked questions

Is Elizabeth City, NC metro area a buyer's or seller's market?

In the scores computed October 2026, Elizabeth City, NC metro area is classified as a Seller's Market, based on its Alpha Score of 62 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Elizabeth City, NC metro area?

The median sale price in Elizabeth City, NC metro area is $346K, having risen 1.3% over the past year, according to Redfin.

How affordable is Elizabeth City, NC metro area?

Elizabeth City, NC metro area scores 38 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Elizabeth City, NC metro area's Alpha Score?

Elizabeth City, NC metro area's strongest dimension is Inventory Health (95/100) and its weakest is Affordability (38/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Elizabeth City, NC metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.