Is Caswell Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Caswell Beach was a Seller's Market.
Key Takeaway
Caswell Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Caswell Beach, NC
How much do homes in Caswell Beach, NC cost?
Median Sold Price
$582,000
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Caswell Beach have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Caswell Beach was $582,000 in June 2024, up 6.8% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $513.7K | $501K | -2.5% |
| 3 Bedrooms | $512.2K | $579K | +13.0% |
| 4 Bedrooms | $1.2M | $1.0M | -15.2% |
| 5+ Bedrooms | $1.7M | $3.2M | +88.2% |
Summary: Caswell Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 88.2%.
Median Sold Price Compared To Nearby Cities
| Oak Island | $531.2K | $597.4K | +12.5% |
| Smithville Township | $515.9K | $578K | +12.0% |
| Caswell Beach | $545K | $582K | +6.8% |
| Southport | $434.1K | $419.3K | -3.4% |
Housing Supply in Caswell Beach, NC
How many homes are available in Caswell Beach, NC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Caswell Beach real estate market had 15 homes for sale in June 2024, a 16.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Caswell Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caswell Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Caswell Beach in June 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 10 Days | 20 Days | +100.0% |
Summary: Homes in Caswell Beach had an average of 20 days on market in Jun 2024, up by 100% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Caswell Beach are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 2 homes were sold in Caswell Beach; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
