54Alpha

Elizabeth City, NC metro area Housing Market Brief

metro · as of May 2026

Balanced

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 Momentum20%
-12.168
Inventory Health25%
-6.747
Affordability20%
33
Economic Strength20%
No data
50
Rental Yield15%
79

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Elizabeth City, NC metro area housing market data

MetricValueYoY
Median Sale Price$339K-0.8%
Median Days on Market57 days▲ +159.1%
Months of Supply3.1-26.2%
Homes for Sale292-2.7%
Homes Sold95▲ +31.9%
Median Price / Sq Ft$178▲ +0.5%
Sale-to-List Ratio99.1%▲ +0.5%

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

Now: 54
4-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?

As of May 2026, Elizabeth City, NC metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Elizabeth City, NC metro area is $339K, having fallen 0.8% over the past year.

How affordable is Elizabeth City, NC metro area?

Elizabeth City, NC metro area scores 33 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 Rental Yield (79/100) and its weakest is Affordability (33/100). The Alpha Score is a weighted blend of all five dimensions.

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.