New Bern, NC is experiencing a surge of growth with several upcoming developments set to shape the future of the city’s real estate market. The housing market is evolving, transitioning from a sellers’ market to a more balanced market, offering opportunities for both buyers and sellers. With an increase in listed inventory and homes staying on the market longer, New Bern is primed for new residential projects to meet growing demand.
Key Takeaways:
- New Bern’s housing market is shifting towards a more balanced market, providing opportunities for both buyers and sellers.
- The city has issued permits for over 600 single-family and multi-family residences, indicating a strong demand for housing.
- Upcoming residential developments, including West New Bern, Tyler, Home on the Lake, Bluewater Rise, Bayberry Park, Derby Park, and Craeberne Forest, offer a diverse range of housing options to cater to different preferences and budgets.
- The median sold price of homes in New Bern has increased by 12.2% in the past year, showcasing the city’s growing appeal as a real estate investment destination.
- While the current market favors sellers with higher prices and faster-selling homes, there is potential for buyers to negotiate deals, as 41% of homes in New Bern sold below asking price in the recent month.
New Bern: A Historic Town with Vibrant Growth
Nestled in the heart of North Carolina, New Bern is a charming historic town that is experiencing a renaissance in real estate. With its rich history dating back to the 18th century, this picturesque town has captivated both locals and newcomers alike. Known for its beautifully preserved colonial architecture, cobblestone streets, and scenic waterfront, New Bern offers a unique blend of old-world charm and modern amenities.
As the demand for housing in New Bern continues to grow, the city is embracing new developments to meet the needs of its expanding population. From the shores of the Neuse River to the vibrant downtown district, residential projects are springing up, bringing new life to the area and attracting buyers from near and far.
| Residential Developments | Location | Key Features |
|---|---|---|
| West New Bern | Close to downtown | Community-oriented features |
| Tyler | Convenient location | Modern living and design |
| Home on the Lake | Waterfront vistas | Serene living |
| Bluewater Rise and Bayberry Park | Affordable living | Quality amenities |
| Derby Park | Luxurious living | Convenient amenities |
| Craeberne Forest | Natural setting | Exquisite homes |
The real estate market in New Bern is vibrant and ever-evolving. Currently, it is a sellers’ market, with homes selling quickly and prices increasing. However, with the recent increase in listed inventory and homes staying on the market longer, the market is shifting towards a more balanced state. This provides potential buyers with an opportunity to negotiate deals, as more homes are sold below asking price.
With its rich history, natural beauty, and thriving real estate market, New Bern has become an appealing destination for those seeking a unique blend of old-world charm and modern living. Whether you’re looking for a historic home in the downtown district or a waterfront retreat, New Bern offers a variety of options to suit every lifestyle and budget.
Discover New Bern’s Tourist Attractions and Things to Do
New Bern offers a plethora of tourist attractions and activities, making it a vibrant and lively city for residents and visitors alike. Whether you’re a history enthusiast, nature lover, or simply looking for some fun-filled experiences, this charming North Carolina town has something for everyone.
One of the must-visit attractions in New Bern is Tryon Palace, a reconstructed colonial-era governor’s mansion that provides a glimpse into the city’s rich history. Take a guided tour of the palace, explore the beautiful gardens, and immerse yourself in the stories of the past. Another historical gem is the Birthplace of Pepsi, where you can learn about the origins of this iconic soda and enjoy a refreshing taste of the original recipe.
If you’re seeking outdoor adventures, head to the Croatan National Forest, located just a short drive from New Bern. This expansive forest offers hiking trails, camping spots, and opportunities for bird-watching and wildlife spotting. For water enthusiasts, the Neuse River provides the perfect backdrop for kayaking, paddleboarding, and fishing.
Top Tourist Attractions and Activities in New Bern:
| Attraction/Activity | Description |
|---|---|
| Tryon Palace | A reconstructed colonial-era governor’s mansion with guided tours and beautiful gardens. |
| Birthplace of Pepsi | An interactive museum showcasing the origins of the iconic soda brand. |
| Croatan National Forest | An expansive forest with hiking trails, camping spots, and opportunities for bird-watching and wildlife spotting. |
| Neuse River | A scenic river offering activities such as kayaking, paddleboarding, and fishing. |
Aside from these attractions, New Bern boasts a vibrant downtown area filled with charming shops, art galleries, and delicious dining options. Take a leisurely stroll along the picturesque waterfront, shop for unique souvenirs, and indulge in mouthwatering cuisine at one of the local restaurants.
With its historical significance, natural beauty, and diverse range of attractions, New Bern is a destination that promises endless exploration and enjoyment. Plan your visit today and discover all that this enchanting city has to offer!
Embrace Outdoor Activities in New Bern’s Waterfront Paradise
With its prime waterfront location and the picturesque Neuse River, New Bern is a haven for outdoor enthusiasts and nature lovers. The city’s natural beauty offers a multitude of opportunities for recreation and relaxation, making it an ideal destination for those seeking an active lifestyle.
Whether you enjoy boating, fishing, or simply basking in the sun on a sandy beach, New Bern has it all. The Neuse River, one of the widest rivers in the United States, offers endless possibilities for water-based activities. From kayaking and paddleboarding to sailing and jet skiing, there’s something for everyone to enjoy.
If you prefer to stay on land, New Bern boasts a variety of parks and nature trails that showcase the region’s diverse flora and fauna. Take a leisurely hike along the Riverwalk, a scenic boardwalk that runs parallel to the Neuse River, or explore the extensive network of trails at the Croatan National Forest.
| Outdoor Activities in New Bern | Location |
|---|---|
| Kayaking | Neuse River |
| Paddleboarding | Neuse River |
| Sailing | Neuse River |
| Jet Skiing | Neuse River |
| Hiking | Riverwalk, Croatan National Forest |
So, whether you’re a thrill-seeker looking for an adrenaline rush on the water or a nature lover seeking tranquility in the great outdoors, New Bern offers a wealth of outdoor activities to suit all interests and preferences. Come and embrace the natural beauty of New Bern’s waterfront paradise.
Explore New Bern’s Rich Civil War History
New Bern’s storied past includes a significant role in the Civil War, making it a fascinating destination for history buffs. As one of the key cities in eastern North Carolina, New Bern was occupied by Union forces in 1862, after a series of battles and sieges. Today, visitors can explore the city’s rich Civil War history through a variety of historical sites, museums, and guided tours.
A must-visit attraction is the New Bern Battlefield Park, which offers an immersive experience in the city’s military history. Here, you can walk in the footsteps of soldiers, see well-preserved earthworks, and learn about the pivotal events that took place during the Civil War. The park also features informative exhibits and interpretive panels that provide a deeper understanding of the battles fought in and around New Bern.
For a more comprehensive exploration, the Tryon Palace Historic Sites & Gardens is another top spot to visit. This magnificent mansion served as the first permanent capitol of North Carolina and witnessed significant events during the war. The palace now serves as a museum, showcasing period furnishings, artwork, and artifacts that offer a glimpse into the lives of both the wealthy and enslaved people who lived there during the Civil War era.
| Key Civil War Sites in New Bern: |
|---|
| New Bern Battlefield Park |
| Tryon Palace Historic Sites & Gardens |
| New Bern Civil War Battlefield Tours |
| New Bern Historical Society Civil War Battlefield Walking Tour |
Additionally, guided tours led by knowledgeable historians and local experts provide an in-depth perspective on the city’s Civil War history. The New Bern Civil War Battlefield Tours and the New Bern Historical Society Civil War Battlefield Walking Tour are highly recommended for visitors who want to delve deeper into the events, stories, and people that shaped New Bern during this tumultuous period.
With its rich Civil War history and wealth of historical attractions, New Bern offers a unique experience for those interested in exploring the city’s past. From walking in the footsteps of soldiers to visiting historical sites and joining guided tours, visitors can immerse themselves in the captivating stories and significant events that shaped New Bern during the Civil War.
New Bern’s Shifting Real Estate Market
The real estate market in New Bern is currently undergoing a transition, presenting new opportunities for buyers and sellers. In recent months, the market has shifted from a sellers’ market to a more balanced market, allowing buyers to have a stronger position in negotiations. With a slight increase in listed inventory and homes staying on the market longer, there is more choice and time for buyers to make informed decisions.
New Bern has seen a surge in demand for housing, leading to the city issuing permits for over 600 single-family and multi-family residences. This influx of new developments is catering to the growing needs of homebuyers who are attracted to the charm and quality of life that New Bern offers. The city’s historic significance and vibrant growth have made it an appealing destination for those seeking a thriving community with plenty of amenities.
Several key residential developments are currently underway in New Bern, including West New Bern, Tyler, Home on the Lake, Bluewater Rise, Bayberry Park, Derby Park, and Craeberne Forest. These developments offer a diverse range of housing options, from modern living to luxurious waterfront homes, ensuring there is something to suit every lifestyle and budget.
| Key Statistics: |
|---|
| The median sold price of homes in New Bern has increased by 12.2% in the past year. |
| 41% of homes in New Bern sold below asking price in the recent month, indicating potential for buyers to negotiate favorable deals. |
| The average sale time for homes in New Bern has increased from 19 days to 40 days, offering buyers more time to consider their options. |
As the market continues to shift, it is essential for both buyers and sellers to stay informed about market trends and seek the guidance of experienced real estate professionals. With the availability of new developments and the potential for negotiation, now is a great time to explore the real estate opportunities in New Bern.
Upcoming Residential Developments in New Bern
New Bern is witnessing a surge in residential developments, with several exciting projects that are poised to reshape the housing landscape. To meet the growing demand in the housing market, the city has issued permits for over 600 single-family and multi-family residences. These forthcoming developments offer a range of housing options for individuals and families looking to make New Bern their home.
One of the highly anticipated projects is West New Bern, a residential development that prioritizes community and comfort. With a focus on creating a close-knit neighborhood, West New Bern will offer a variety of housing styles, from charming townhouses to spacious single-family homes. The development will also feature amenities such as parks, playgrounds, and walking trails, providing residents with ample opportunities for outdoor enjoyment and relaxation.
Another notable addition to New Bern’s housing market is Tyler. This modern living development aims to cater to the needs of contemporary individuals and families. Tyler will offer sleek and stylish homes with open floor plans, allowing for a seamless flow of space and natural light. Cutting-edge features and finishes will enhance the overall living experience, making Tyler an attractive option for those seeking a modern lifestyle in New Bern.
For those who crave the tranquility of waterfront living, Home on the Lake is the perfect choice. This residential development emphasizes serene living combined with breathtaking waterfront vistas. Residents will have the opportunity to enjoy picturesque lake views and engage in various water activities right at their doorstep. With a range of housing options, including single-family homes and townhouses, Home on the Lake offers a unique opportunity to embrace the beauty of nature while enjoying the comforts of modern living.
Bluewater Rise and Bayberry Park are two additional developments that provide affordable living options in New Bern. Designed to meet the needs of individuals and families looking for quality homes at an affordable price point, these projects offer comfortable and well-designed residences. Both developments prioritize accessibility to amenities and services, ensuring that residents enjoy a convenient and fulfilling lifestyle.
| Development | Key Features |
|---|---|
| West New Bern | – Community-oriented – Range of housing styles – Parks and walking trails |
| Tyler | – Modern and stylish homes – Open floor plans – Cutting-edge finishes |
| Home on the Lake | – Waterfront living – Breathtaking lake views – Range of housing options |
| Bluewater Rise and Bayberry Park | – Affordable housing options – Convenient location – Access to amenities |
New Bern’s upcoming residential developments offer a wide range of housing options to cater to different preferences and lifestyles. With the increasing demand in the real estate market, these projects pave the way for an exciting future for the city. Whether you’re seeking a close-knit community, modern living, waterfront serenity, or affordable housing, New Bern has something to offer for everyone.
West New Bern: Where Community Meets Comfort
West New Bern is an upcoming residential development that seamlessly combines comfort, convenience, and a strong sense of community. Situated in the heart of New Bern, this neighborhood offers a range of housing options to suit different lifestyles and preferences. Whether you’re looking for a cozy single-family home or a spacious multi-family residence, West New Bern has something for everyone.
One of the standout features of West New Bern is its commitment to fostering a sense of community. With well-designed streetscapes, inviting common areas, and green spaces, this development encourages neighbors to connect and build lasting relationships. Whether you’re gathering for a neighborhood barbecue, organizing a playdate in the community park, or simply taking an evening stroll with fellow residents, West New Bern provides ample opportunities to engage with your neighbors and create lifelong memories.
In addition to its community-oriented design, West New Bern offers convenient amenities for its residents. From fitness centers and swimming pools to hiking and biking trails, this development prioritizes an active and healthy lifestyle. With a range of recreational facilities and opportunities right at your doorstep, you’ll never run out of things to do and places to explore.
| Key Features of West New Bern: |
|---|
| Community-oriented design |
| Green spaces and common areas |
| Variety of housing options |
| Convenient amenities |
| Recreational facilities |
As the housing market in New Bern continues to evolve, West New Bern stands out as a promising residential development that combines the comforts of home with a strong sense of community. With its attractive features and inviting atmosphere, this neighborhood is sure to draw new residents seeking a vibrant and connected lifestyle. Whether you’re a young family, a working professional, or a retiree, West New Bern has the perfect home for you.
Tyler: Modern Living in New Bern
Tyler is a cutting-edge residential development that brings a fresh and modern perspective to the New Bern real estate market. With its innovative designs and contemporary aesthetics, Tyler offers a new way of living in this historic town. The development’s prime location and emphasis on community make it an ideal choice for those seeking a vibrant and connected lifestyle.
Featuring a mix of single-family homes and townhouses, Tyler provides a variety of housing options to suit different needs and preferences. Each property is thoughtfully designed with high-quality finishes and modern amenities, offering residents a comfortable and convenient living experience. From open-concept floor plans to energy-efficient features, every aspect of Tyler’s homes is crafted with modern living in mind.
| Key Features of Tyler: |
|---|
| Contemporary architectural designs |
| Open-concept floor plans |
| Energy-efficient appliances and systems |
| High-quality finishes and fixtures |
| Community amenities, such as parks and recreational areas |
Residents of Tyler also have access to a range of community amenities, including parks and recreational areas. These spaces provide opportunities for outdoor activities, socializing, and building meaningful connections with neighbors. Tyler’s focus on community engagement fosters a sense of togetherness and creates a welcoming environment for residents of all ages.
With its forward-thinking approach to design and lifestyle, Tyler is poised to become a sought-after address in New Bern. Whether you’re looking for a stylish home or a community-oriented living experience, this residential development offers the best of both worlds. Embrace modern living in New Bern with Tyler and discover a new way to experience this charming and historic town.
Home on the Lake: Serenity and Waterfront Living
Home on the Lake is a one-of-a-kind residential development that offers residents a tranquil retreat along with breathtaking waterfront views. Located in the picturesque city of New Bern, North Carolina, this exclusive community is designed to provide an idyllic lifestyle surrounded by nature’s beauty.
Featuring a range of homes nestled along the pristine shores of the lake, Home on the Lake ensures that every resident can enjoy direct access to the water. Imagine waking up to the soothing sounds of nature, sipping your morning coffee on your private deck, and witnessing stunning sunsets over the shimmering lake. This is the essence of waterfront living at its finest.
With a variety of floor plans and architectural styles to choose from, Home on the Lake caters to the diverse needs and preferences of its residents. Whether you’re seeking a cozy retreat or a spacious family home, you’ll find the perfect fit within this thoughtfully designed community.
| Development Name | Location | Home Types | Price Range |
|---|---|---|---|
| Home on the Lake | New Bern, NC | Single-family homes | $300,000 – $600,000 |
In addition to its serene setting and exceptional homes, Home on the Lake offers a range of amenities to enhance the quality of life for its residents. From community parks and walking trails to a clubhouse and fitness center, there are plenty of opportunities for relaxation and recreation within this exceptional development.
Discover the serenity of waterfront living and make Home on the Lake your new home. Embrace a life of tranquility, surrounded by the beauty of nature and the luxury of modern living.
Bluewater Rise and Bayberry Park: Affordable Living in New Bern
Bluewater Rise and Bayberry Park are two residential developments that provide affordable living options without compromising on quality. Located in New Bern, North Carolina, these neighborhoods offer a range of housing choices to suit different lifestyles and budgets.
Bluewater Rise features modern, energy-efficient homes with open floor plans and stylish finishes. The community boasts a tranquil setting with beautiful walking trails and a community park, providing residents with ample opportunities for outdoor recreation and relaxation.
Bayberry Park, on the other hand, offers a variety of single-family homes designed for comfortable family living. The neighborhood features well-maintained streets and a sense of community that fosters a welcoming atmosphere for residents of all ages.
| Development | Location | Home Types | Starting Price |
|---|---|---|---|
| Bluewater Rise | New Bern, NC | Single-family homes | $200,000 |
| Bayberry Park | New Bern, NC | Single-family homes | $180,000 |
Both Bluewater Rise and Bayberry Park offer affordable living options that make homeownership accessible to a wide range of buyers. With their convenient locations, close proximity to amenities, and attractive home designs, these developments are poised to attract new residents looking for quality homes at affordable prices in New Bern.
Derby Park: Where Luxury Meets Convenience
Derby Park is a prestigious residential development that caters to those seeking a luxurious lifestyle with unmatched convenience. Situated in the heart of New Bern, this exclusive community offers an exceptional living experience for discerning individuals and families.
Featuring stunning architectural designs and top-notch amenities, Derby Park sets a new standard for luxury living in the area. The development boasts a variety of spacious single-family homes, each meticulously crafted with attention to detail and an emphasis on comfort.
Unparalleled Amenities
Residents of Derby Park enjoy access to an array of amenities to enhance their daily lives. From a state-of-the-art fitness center and swimming pool to beautifully landscaped parks and walking trails, there is something for everyone to enjoy. The community also offers a clubhouse with social spaces, making it perfect for hosting gatherings and events.
Table: Derby Park Amenities
| Amenities | Features |
|---|---|
| Swimming Pool | Resort-style pool with sundeck |
| Fitness Center | Equipped with the latest exercise machines |
| Clubhouse | Social spaces for gatherings and events |
| Walking Trails | Scenic pathways throughout the community |
| Parks | Beautifully landscaped green spaces |
Derby Park’s prime location offers unparalleled convenience. It is just a short distance from shopping centers, restaurants, and entertainment options, ensuring that residents have everything they need right at their fingertips.
The luxurious homes, coupled with the convenient location and exceptional amenities, make Derby Park a highly sought-after development in New Bern. Whether you’re looking for a place to raise a family or wanting to indulge in a life of luxury, Derby Park has it all.
Craeberne Forest: Exquisite Homes in a Natural Setting
Craeberne Forest is a residential development that offers residents the opportunity to live in luxurious homes surrounded by nature’s tranquility. Nestled in a beautiful natural setting, this community provides an exquisite living experience that combines the best of both worlds – a serene environment and top-notch amenities.
When it comes to housing options, Craeberne Forest does not disappoint. The development features a variety of home styles, including spacious single-family residences and elegant townhouses. Each home is thoughtfully designed with high-end finishes, modern appliances, and open floor plans that maximize space and comfort.
In addition to the stunning homes, residents of Craeberne Forest can take advantage of the community’s exceptional amenities. From walking trails and playgrounds to a clubhouse and swimming pool, there are plenty of opportunities for recreation and relaxation. The lush greenery and well-maintained landscaping throughout the neighborhood add to the overall appeal of living in this idyllic setting.
| Housing Options | Amenities | Location |
|---|---|---|
| Spacious single-family residences | Walking trails | Beautiful natural setting |
| Elegant townhouses | Playgrounds | Close proximity to amenities |
| High-end finishes and modern appliances | Clubhouse | Convenient access to major roads |
| Open floor plans | Swimming pool | Peaceful and serene atmosphere |
Conclusion
With its rich history, vibrant growth, and exciting upcoming developments, New Bern presents a promising future for real estate investors and residents alike. The housing market in New Bern is experiencing a shift from a sellers’ market to a more balanced market, providing opportunities for buyers to negotiate deals. The city has issued permits for over 600 single-family and multi-family residences to meet the growing demand, indicating a strong interest in the area.
Several key residential developments are currently underway in New Bern, including West New Bern, Tyler, Home on the Lake, Bluewater Rise, Bayberry Park, Derby Park, and Craeberne Forest. These developments offer a range of housing options, from community-oriented neighborhoods to modern and luxurious living spaces. The diversity in housing options caters to different preferences and budgets.
The median sold price of homes in New Bern has increased by 12.2% in the past year, reflecting the desirability of the area. However, there is still room for negotiation, as 41% of homes in New Bern sold below asking price in the recent month. The average sale time for homes in New Bern has increased from 19 days to 40 days, which suggests a slightly slower pace in the market.
Whether you’re an investor looking for an area with growth potential or a resident seeking a place with a rich cultural heritage and plenty of activities, New Bern offers a myriad of opportunities. Stay informed about the upcoming developments in the real estate market and explore the diverse neighborhoods to find the perfect fit for your lifestyle and investment goals.
FAQ
What is the current state of the housing market in New Bern?
New Bern’s housing market is experiencing a shift from a sellers’ market to a more balanced market, with a slight increase in listed inventory and homes staying on the market longer.
How many residential permits have been issued in New Bern?
The city has issued permits for over 600 single-family and multi-family residences to meet the growing demand.
What are some key residential developments in New Bern?
Several key residential developments are underway in New Bern, including West New Bern, Tyler, Home on the Lake, Bluewater Rise, Bayberry Park, Derby Park, and Craeberne Forest.
How much has the median sold price of homes in New Bern increased?
The median sold price of homes in New Bern has increased by 12.2% in the past year.
Is the housing market in New Bern currently a sellers’ market or a buyers’ market?
The housing market in New Bern is currently a sellers’ market, with higher prices and faster-selling homes. However, there is potential for buyers to negotiate deals, as 41% of homes in New Bern sold below asking price in the recent month.
How long does it take for homes to sell in New Bern?
The average sale time for homes in New Bern has increased from 19 days to 40 days.
Source Links
- https://www.newbernsj.com/news/local/6-of-new-berns-key-residential-developments-to-watch-in-2022/article_25d90d9b-8439-584a-9383-5f49b8c576b3.html
- https://www.newbernsj.com/news/local/new-berns-sellers-market-moves-toward-a-flip-buyers-exhausted-and-want-more-options/article_06dda841-4918-5079-bba9-95ba7b3d2679.html
- https://www.rockethomes.com/real-estate-trends/nc/new-bern
