Is Calabash, 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, Calabash was a Seller's Market.
Housing Prices in Calabash, NC
How much do homes in Calabash, NC cost?
Median Sold Price
$349,824
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Calabash was $349,824 in May 2024, down 0.4% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99.4K | $130K | +30.8% |
2 Bedrooms | $240K | $246.2K | +2.6% |
3 Bedrooms | $356.5K | $350K | -1.8% |
4 Bedrooms | $510K | $499.9K | -2.0% |
5+ Bedrooms | $434.4K | $441.5K | +1.6% |
Summary: Calabash housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
Shallotte Township | $369.8K | $379.5K | +2.6% |
Calabash | $351.1K | $349.8K | -0.4% |
Carolina Shores | $328.4K | $319.9K | -2.6% |
Housing Supply in Calabash, NC
How many homes are available in Calabash, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
312 | 327 | +4.8% |
Summary: The Calabash real estate market had 327 homes for sale in May 2024, a 4.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 61 | 60 | -1.6% |
3 Bedrooms | 177 | 194 | +9.6% |
4 Bedrooms | 55 | 58 | +5.5% |
5+ Bedrooms | 14 | 10 | -28.6% |
Summary: The Calabash 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 decreased by 1.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 54 | +8.0% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Calabash in May 2024, up by 8.0% month-over-month. Of the 54 sold homes, 70% were sold under asking, 26% were sold at asking, and 4% were sold over asking.
Days on Market for Calabash, NC
How long does it take to sell a home in Calabash, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
85 Days | 75 Days | -11.4% |
Summary: Homes in Calabash had an average of 75 days on market in May 2024, down by 11.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During May 2024, 54 homes were sold in Calabash; 43% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.