$1,150,000
0.35 Acres
Land
#100473691, Listing Office: Landmark Sotheby's International Realty
Is North Topsail Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, North Topsail Beach was a Seller's Market.
Key Takeaway
North Topsail Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Topsail Beach, NC
How much do homes in North Topsail Beach, NC cost?
Median Sold Price
$500,000
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$22,500(+4.7%)
Key Takeaway
Homes in North Topsail Beach have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in North Topsail Beach was $500,000 in September 2024, up 4.7% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $207.3K | -3.6% |
| 2 Bedrooms | $360.5K | $362K | 0.4% |
| 3 Bedrooms | $571.2K | $540K | -5.5% |
| 4 Bedrooms | $825K | $950K | +15.2% |
| 5+ Bedrooms | $1.2M | $1.5M | +27.8% |
Summary: North Topsail Beach housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 27.8%.
Median Sold Price Compared To Nearby Cities
| North Topsail Beach | $477.5K | $500K | +4.7% |
| Stump Sound Township | $354.5K | $365.2K | +3.0% |
| Sneads Ferry | $376.4K | $382.4K | +1.6% |
Housing Supply in North Topsail Beach, NC
How many homes are available in North Topsail Beach, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 170 | 167 | -1.8% |
Summary: The North Topsail Beach real estate market had 167 homes for sale in September 2024, a 1.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 24 | +41.2% |
| 2 Bedrooms | 50 | 46 | -8.0% |
| 3 Bedrooms | 50 | 46 | -8.0% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 34 | 34 | 0.0% |
Summary: The North Topsail Beach housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.2%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Topsail Beach, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in North Topsail Beach in September 2024, down by 11.1% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for North Topsail Beach, NC
How long does it take to sell a home in North Topsail Beach, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 106 Days | 127 Days | +20.2% |
Summary: Homes in North Topsail Beach had an average of 127 days on market in Sep 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in North Topsail Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 16 homes were sold in North Topsail Beach; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.