Homes under $400K for sale in Elizabeth Cty, NC

As of October 26, 2026, there are 7 homes under $400K for sale in Elizabeth Cty, NC, with a middle asking price of $399,890 (from $384,990 to $399,890).

In the 12 months through October 26, 2026, 2 sold at a middle price of $312,000, typically for 96.8% of the first asking price after about 97 days on the market.

The most choices right now are in Pelican Pointe.

Newest homes under $400K in Elizabeth Cty

Price cut from $390KNew · ready ~Nov 17Builder incentive mentioned

$389,890

3 bd · 3 ba · 2,087 sq ft

1-car garage · $154/mo HOA

547 Watercrest Circle, Elizabeth Cty, NC 27909

Listed by D R Horton, Inc.

549 Watercrest Circle, Elizabeth Cty, NC 27909

Price cut from $400KNew · ready ~Nov 17Builder incentive mentioned

$399,890

3 bd · 3 ba · 2,087 sq ft

1-car garage · $154/mo HOA

549 Watercrest Circle, Elizabeth Cty, NC 27909

Listed by D R Horton, Inc.

545 Watercrest Circle, Elizabeth Cty, NC 27909

Price cut from $400KNew · ready ~Nov 17Builder incentive mentioned

$399,890

3 bd · 3 ba · 2,087 sq ft

1-car garage · $154/mo HOA

545 Watercrest Circle, Elizabeth Cty, NC 27909

Listed by D R Horton, Inc.

553 Watercrest Circle, Elizabeth Cty, NC 27909

Price cut from $390KNew · ready ~Nov 17Builder incentive mentioned

$389,890

3 bd · 3 ba · 2,087 sq ft

1-car garage · $154/mo HOA

553 Watercrest Circle, Elizabeth Cty, NC 27909

Listed by D R Horton, Inc.

555 Watercrest Circle, Elizabeth Cty, NC 27909

Price cut from $400KNew · ready ~Nov 17Builder incentive mentioned

$399,890

3 bd · 3 ba · 2,087 sq ft

1-car garage · $154/mo HOA

555 Watercrest Circle, Elizabeth Cty, NC 27909

Listed by D R Horton, Inc.

551 Watercrest Circle, Elizabeth Cty, NC 27909

Price cut from $400KNew · ready ~Nov 17Builder incentive mentioned

$399,890

3 bd · 3 ba · 2,087 sq ft

1-car garage · $154/mo HOA

551 Watercrest Circle, Elizabeth Cty, NC 27909

Listed by D R Horton, Inc.

568 Watercrest Circle, Elizabeth Cty, NC 27909

Price cut from $400KNew · ready ~Nov 17Builder incentive mentioned

$384,990

3 bd · 3 ba · 2,087 sq ft

1-car garage · $154/mo HOA

568 Watercrest Circle, Elizabeth Cty, NC 27909

Listed by D R Horton, Inc.

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Price mix

Under $300K0
$300K–$500K7
$500K–$750K0
$750K–$1M0
$1M+0

Where they are

Pelican Pointe · Elizabeth Cty · 7 for sale · $399,890 middle

Under $400K in nearby towns

Elizabeth City136 for sale

Questions, answered

How many homes under $400K are for sale in Elizabeth Cty, NC?

As of October 26, 2026, there are 7 homes under $400K for sale in Elizabeth Cty, NC, with a middle asking price of $399,890 (from $384,990 to $399,890).

What do homes under $400K cost in Elizabeth Cty, NC?

As of October 26, 2026, the middle asking price is $399,890, about $192 per square foot for a typical 2,087 sq ft. $300K–$500K: 7.

What did homes under $400K sell for in Elizabeth Cty, NC last year?

In the 12 months through October 26, 2026, 2 sold at a middle price of $312,000, typically for 96.8% of the first asking price after about 97 days on the market.

How fast do homes under $400K sell in Elizabeth Cty, NC?

In the 12 months through October 26, 2026 they typically sold in about 97 days, at 96.8% of the first asking price.

Which communities in Elizabeth Cty, NC have the most homes under $400K for sale?

As of October 26, 2026, Pelican Pointe (7).

How do I estimate a monthly payment on a home in Elizabeth Cty, NC?

A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.

Explore more

Under $400K across all 5 counties Under $400K in Pasquotank County Communities in Elizabeth Cty Single-family One-story Primary on main Open houses New this week Price reduced

Figures are computed live from MLS listing data for Elizabeth Cty, NC, under $400k only. Middle = median. Listing data is deemed reliable but not guaranteed.