Is North Topsail Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Topsail Beach was a Seller's Market.
Housing Prices in North Topsail Beach, NC
How much do homes in North Topsail Beach, NC cost?
Median Sold Price
$500,000
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Topsail Beach was $500,000 in May 2024, up 8.7% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $196.2K | $207.5K | +5.8% |
2 Bedrooms | $365K | $375K | +2.7% |
3 Bedrooms | $575K | $549K | -4.5% |
4 Bedrooms | $795K | $874.5K | +10.0% |
5+ Bedrooms | $1.1M | $1.3M | +15.1% |
Summary: North Topsail Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Cities
North Topsail Beach | $460K | $500K | +8.7% |
Sneads Ferry | $365K | $389.3K | +6.6% |
Stump Sound Township | $346.5K | $366.3K | +5.7% |
Housing Supply in North Topsail Beach, NC
How many homes are available in North Topsail Beach, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
175 | 190 | +8.6% |
Summary: The North Topsail Beach real estate market had 190 homes for sale in May 2024, a 8.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 23 | 0.0% |
2 Bedrooms | 46 | 48 | +4.3% |
3 Bedrooms | 50 | 51 | +2.0% |
4 Bedrooms | 23 | 28 | +21.7% |
5+ Bedrooms | 33 | 40 | +21.2% |
Summary: The North Topsail Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 21.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 26 | +52.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in North Topsail Beach in May 2024, up by 52.9% month-over-month. Of the 26 sold homes, 69% were sold under asking, 19% were sold at asking, and 12% were sold over asking.
Days on Market for North Topsail Beach, NC
How long does it take to sell a home in North Topsail Beach, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 47 Days | -23.2% |
Summary: Homes in North Topsail Beach had an average of 47 days on market in May 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in North Topsail Beach; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.