Is Shallotte Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Shallotte Township has remained a Seller's Market.
Housing Prices in Shallotte Township, NC
How much do homes in Shallotte Township, NC cost?
Median Sold Price
$375,654
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Shallotte Township was $375,654 in June 2024, up 1.4% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.9K | $134K | -4.2% |
2 Bedrooms | $252K | $274K | +8.8% |
3 Bedrooms | $355K | $360K | +1.4% |
4 Bedrooms | $565.8K | $576.1K | +1.8% |
5+ Bedrooms | $1.1M | $1.1M | +0.9% |
Summary: Shallotte Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Cities
Sunset Beach | $430.3K | $447.9K | +4.1% |
Shallotte | $322K | $333.9K | +3.7% |
Ocean Isle Beach | $570K | $578.7K | +1.5% |
Shallotte Township | $370.4K | $375.6K | +1.4% |
Housing Supply in Shallotte Township, NC
How many homes are available in Shallotte Township, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
870 | 847 | -2.6% |
Summary: The Shallotte Township real estate market had 847 homes for sale in June 2024, a 2.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 5 | -28.6% |
2 Bedrooms | 115 | 111 | -3.5% |
3 Bedrooms | 521 | 496 | -4.8% |
4 Bedrooms | 166 | 178 | +7.2% |
5+ Bedrooms | 61 | 57 | -6.6% |
Summary: The Shallotte Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 6.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
162 | 162 | 0.0% |
Asking Price vs. Sold Price
106 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 162 homes were sold or pending in Shallotte Township in June 2024, the same as the previous month. Of the 162 sold homes, 65% were sold under asking, 25% were sold at asking, and 10% were sold over asking.
Days on Market for Shallotte Township, NC
How long does it take to sell a home in Shallotte Township, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
55 Days | 76 Days | +38.0% |
Summary: Homes in Shallotte Township had an average of 76 days on market in Jun 2024, up by 38% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
53 Homes Were Sold
Over 90 Days
Summary: During June 2024, 162 homes were sold in Shallotte Township; 40% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.