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Market Snapshot

Median listing price
$432K

The median listing price in New Bern, NC ZIP 28562 is $431,950 as of July 2026.

Median rent
$1,750/mo

The median market rent in New Bern, NC ZIP 28562 is $1,750/month as of July 2026.

Days on market
184 days

The median days on market in New Bern, NC ZIP 28562 is 184 days as of July 2026. The market is currently neutral.

Gross rental yield
4.86%

At a median list price of $431,950 and a median rent of $1,750/month, the gross rental yield in New Bern, NC ZIP 28562 is 4.86% as of July 2026.

New Bern, NC 28562 Real Estate Market Report

ZIP Code: 28562

Report Date: July 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
208
Active Listings
104
Sold Properties
104

Market Metrics

Median Listing Price
$431,950
Median Sold Price
$319,900
Median Price per Sqft
$200/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,750

Property Taxes

Property Tax Rate
0.59%

Liquidity & Velocity

Median Days on Market
184
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in New Bern, NC are 6.49%, which is 0.4% higher than the 6.09% market low observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market value indicator is the median sold price, which is 319,900, indicating the representative recent sale level for SFR and condo transactions in ZIP 28562; the median listing price is 431,950, which suggests a meaningful gap between asking and achieved sale levels that may reflect seller optimism or pricing friction. neutral market temperature.
  2. Price momentum is positive: the price year-over-year trend is up, and the median price per square foot is 200, supporting modest appreciation rather than rapid escalation in values.
  3. Liquidity shows slower transaction velocity: the median days on market is 184, which suggests extended marketing times and moderate near-term movement rather than brisk turnover; this aligns with the market temperature being neutral.
  4. Financing and rental context are mixed: interest rate pressure is described as moderate (current 30-year fixed mortgage rate noted as 6.49% relative to a 6.09% low), while rent performance is muted with the rent year-over-year trend listed as flat and median market rent at 1,750, indicating limited near-term rental upside for investors.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

175 Gus Ln, New Bern, NC 28562
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths2,736 sqft
$1,035,000
Jun 1, 2026
$378/sqft
2178 days on market
259 W Rock Creek Rd, New Bern, NC 28562
Premium

Sold above market average

5 beds5 baths3,637 sqft
$965,000
Apr 1, 2026
$265/sqft
620 W Wilson Creek Dr, Trent Woods, NC 28562
Premium

Sold above market average

8 beds3 baths1,994 sqft
$910,000
Apr 1, 2026
$456/sqft
87 days on market
2009 Hoods Creek Dr, New Bern, NC 28562
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths1,280 sqft
$333,000
Jun 1, 2026
$260/sqft
103 Craftsman Dr, New Bern, NC 28562
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths1,602 sqft
$330,000
Jul 1, 2026
$206/sqft
111 days on market
1007 Kellie Ct, New Bern, NC 28562
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths872 sqft
$330,000
May 1, 2026
$378/sqft
1304 Stallings Pkwy, New Bern, NC 28562
Value

Sold below market average

2 beds1 baths996 sqft
$145,000
Jun 1, 2026
$146/sqft
144 days on market
1114 Plymouth Dr, New Bern, NC 28562
Value

Sold below market average

3 beds2 baths1,232 sqft
$135,000
Apr 1, 2026
$110/sqft
102 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$116/mo
28562 Avg Rent
28562 Cost to Own
Rent$1,750
Own$1,866

20% down, 6.49% rate, 0.6% tax

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

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