Is Bald Head Island, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bald Head Island has remained a Buyer's Market.
Housing Prices in Bald Head Island, NC
How much do homes in Bald Head Island, NC cost?
Median Sold Price
$1,267,500
$678/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Bald Head Island was $1,267,500 in March 2024, up 43.2% from last month, and the median price per square foot was $678.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $885K | $1.0M | +14.9% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $4.3M | N/A |
Summary: Bald Head Island housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bald Head Island, NC
How many homes are available in Bald Head Island, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 50 | +19.0% |
Summary: The Bald Head Island real estate market had 50 homes for sale in March 2024, a 19.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Bald Head Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Bald Head Island in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Bald Head Island, NC
How long does it take to sell a home in Bald Head Island, NC?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
197 Days | 281 Days | +42.2% |
Summary: Homes in Bald Head Island had an average of 281 days on market in Mar 2024, up by 42.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Bald Head Island; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.