Is Atlantic Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Atlantic Beach was a Seller's Market.
Key Takeaway
Atlantic Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Atlantic Beach, NC
How much do homes in Atlantic Beach, NC cost?
Median Sold Price
$625,000
$457/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Atlantic Beach have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Atlantic Beach was $625,000 in March 2024, up 8.7% from last year, and the median price per square foot was $457.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $167.5K | +24.1% |
| 2 Bedrooms | $469.2K | $515K | +9.7% |
| 3 Bedrooms | $635K | $680K | +7.1% |
| 4 Bedrooms | $840K | $910K | +8.3% |
| 5+ Bedrooms | $1.5M | $1.5M | +1.5% |
Summary: Atlantic Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
| Atlantic Beach | $574.9K | $625K | +8.7% |
| Morehead Township | $452.8K | $484.1K | +6.9% |
Housing Supply in Atlantic Beach, NC
How many homes are available in Atlantic Beach, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 141 | 137 | -2.8% |
Summary: The Atlantic Beach real estate market had 137 homes for sale in March 2024, a 2.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 17 | -5.6% |
| 2 Bedrooms | 54 | 52 | -3.7% |
| 3 Bedrooms | 48 | 43 | -10.4% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Atlantic Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 21 | -32.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atlantic Beach, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Atlantic Beach in March 2024, down by 32.3% month-over-month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Atlantic Beach, NC
How long does it take to sell a home in Atlantic Beach, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 91 Days | 134 Days | +46.7% |
Summary: Homes in Atlantic Beach had an average of 134 days on market in Mar 2024, up by 46.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Atlantic Beach are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Atlantic Beach; 52% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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