$115,000
1.05 Acres
Land
#100473306, Listing Office: ARLINGTON PLACE REALTY
Is Minnesott Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Minnesott Beach has remained a Seller's Market.
Key Takeaway
Minnesott Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minnesott Beach, NC
How much do homes in Minnesott Beach, NC cost?
Median Sold Price
$369,250
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$54,250(+17.2%)
Key Takeaway
Homes in Minnesott Beach have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in Minnesott Beach was $369,250 in September 2024, up 17.2% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $217.5K | $215K | -1.1% |
| 3 Bedrooms | $443.5K | $489K | +10.3% |
| 4 Bedrooms | $625K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Minnesott Beach housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 10.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Minnesott Beach | $315K | $369.2K | +17.2% |
| Arapahoe | $370K | $375K | +1.4% |
Housing Supply in Minnesott Beach, NC
How many homes are available in Minnesott Beach, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Minnesott Beach real estate market had 17 homes for sale in September 2024, a 6.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minnesott Beach housing inventory by bedroom type for September 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 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minnesott Beach, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Minnesott Beach in September 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Minnesott Beach, NC
How long does it take to sell a home in Minnesott Beach, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 21 Days | 95 Days | +346.5% |
Summary: Homes in Minnesott Beach had an average of 95 days on market in Sep 2024, up by 346.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Minnesott Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 4 homes were sold in Minnesott Beach; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
