Is Caswell Beach, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caswell Beach is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Caswell Beach has remained a Seller's Market.

Key Takeaway

Caswell Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Caswell Beach, NC

How much do homes in Caswell Beach, NC cost?

Median Sold Price

$572,000

$525/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$55,500(+10.7%)

Key Takeaway

Homes in Caswell Beach have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Caswell Beach was $572,000 in May 2024, up 10.7% from last year, and the median price per square foot was $525.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $515K$501K
-2.7%
3 $503.6K$565K
+12.2%
4 $1.2M$1.2M
+8.1%
5+ $1.7M$3.2M
+88.2%

Summary: Caswell Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 88.2%.

Median Sold Price Compared To Nearby Cities

Smithville Township
+12.6%
Oak Island
+11.8%
Caswell Beach
+10.7%
Southport
-4.2%

Housing Supply in Caswell Beach, NC

How many homes are available in Caswell Beach, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1617+6.3%

Summary: The Caswell Beach real estate market had 17 homes for sale in May 2024, a 6.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 55
0.0%
3 57
+40.0%
4 33
0.0%
5+ 32
-33.3%

Summary: The Caswell Beach 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caswell Beach, 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 Caswell Beach in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Caswell Beach, NC

How long does it take to sell a home in Caswell Beach, NC?

Average Sale Time

May 2023May 2024CHANGE
20 Days11 Days-41.6%

Summary: Homes in Caswell Beach had an average of 11 days on market in May 2024, down by 41.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Caswell Beach are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Caswell Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Caswell Beach, NC

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