Is Intracoastal Waterway, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Intracoastal Waterway was a Buyer's Market.
Key Takeaway
Intracoastal Waterway is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Intracoastal Waterway, NC
How much do homes in Intracoastal Waterway, NC cost?
Median Sold Price
$825,000
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Intracoastal Waterway have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in Intracoastal Waterway was $825,000 in April 2024, up 19.6% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $385K | N/A |
| 2 Bedrooms | $417.5K | $525K | +25.7% |
| 3 Bedrooms | $625K | $665K | +6.4% |
| 4 Bedrooms | $820K | $1.0M | +29.1% |
| 5+ Bedrooms | $1.4M | $1.1M | -21.4% |
Summary: Intracoastal Waterway 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 increased by 25.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes decreased by 21.4%.
Housing Supply in Intracoastal Waterway, NC
How many homes are available in Intracoastal Waterway, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Summary: The Intracoastal Waterway real estate market had 37 homes for sale in April 2024, a 7.5% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Intracoastal Waterway 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 decreased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Intracoastal Waterway, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Intracoastal Waterway in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Intracoastal Waterway, NC
How long does it take to sell a home in Intracoastal Waterway, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 56 Days | 4 Days | -92.9% |
Summary: Homes in Intracoastal Waterway had an average of 4 days on market in Apr 2024, down by 92.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Intracoastal Waterway are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Intracoastal Waterway; 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.
