Is Bayshore, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bayshore has remained a Seller's Market.
Key Takeaway
Bayshore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bayshore, NC
How much do homes in Bayshore, NC cost?
Median Sold Price
$470,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bayshore have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in Bayshore was $470,000 in April 2024, down 7.8% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $426.7K | $390K | -8.6% |
| 4 Bedrooms | $640K | $625K | -2.3% |
| 5+ Bedrooms | $750K | $975K | +30.0% |
Summary: Bayshore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Neighborhoods
| Marsh Oaks | $640K | $681.2K | +6.4% |
| Bayshore | $510K | $470K | -7.8% |
Housing Supply in Bayshore, NC
How many homes are available in Bayshore, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The Bayshore real estate market had 18 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bayshore housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bayshore, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bayshore in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Bayshore, NC
How long does it take to sell a home in Bayshore, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 31 Days | +556.8% |
Summary: Homes in Bayshore had an average of 31 days on market in Apr 2024, up by 556.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bayshore are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Bayshore; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
