Is Carolina 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, Carolina Beach was a Seller's Market.
Key Takeaway
Carolina Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carolina Beach, NC
How much do homes in Carolina Beach, NC cost?
Median Sold Price
$610,000
$450/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carolina Beach have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Carolina Beach was $610,000 in March 2024, up 5.4% from last year, and the median price per square foot was $450.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $337.4K | $375K | +11.1% |
| 2 Bedrooms | $440K | $483K | +9.8% |
| 3 Bedrooms | $621K | $685K | +10.3% |
| 4 Bedrooms | $827K | $800K | -3.3% |
| 5+ Bedrooms | $1.0M | $1.1M | +13.5% |
Summary: Carolina Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
| Kure Beach | $639.5K | $749K | +17.1% |
| Federal Point Township | $499.8K | $537.4K | +7.5% |
| Carolina Beach | $579K | $610K | +5.4% |
Housing Supply in Carolina Beach, NC
How many homes are available in Carolina Beach, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 166 | 191 | +15.1% |
Summary: The Carolina Beach real estate market had 191 homes for sale in March 2024, a 15.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 20 | -9.1% |
| 2 Bedrooms | 33 | 43 | +30.3% |
| 3 Bedrooms | 58 | 63 | +8.6% |
| 4 Bedrooms | 34 | 49 | +44.1% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The Carolina Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 44.1%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Carolina Beach, you may be able to get a good deal. 70.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Carolina Beach in March 2024, down by 3.6% month-over-month. Of the 27 sold homes, 70% were sold under asking, 26% were sold at asking, and 4% were sold over asking.
Days on Market for Carolina Beach, NC
How long does it take to sell a home in Carolina Beach, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 80 Days | +13.5% |
Summary: Homes in Carolina Beach had an average of 80 days on market in Mar 2024, up by 13.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Carolina Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 27 homes were sold in Carolina Beach; 33% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
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