Is Shallotte Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shallotte Township is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Shallotte Township has remained a Seller's Market.

Key Takeaway

Shallotte Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Shallotte Township, NC cost?

Median Sold Price

$356,796

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$67,157(+23.2%)

Key Takeaway

Homes in Shallotte Township have sold for 23.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $131.7K$105.5K
-19.9%
2 $166K$225K
+35.5%
3 $279K$336.6K
+20.7%
4 $462K$542.6K
+17.4%
5+ $879.3K$1.1M
+26.2%

Median Sold Price Compared To Nearby Cities

Sunset Beach
+37.3%
Shallotte
+23.9%
Shallotte Township
+23.2%
Ocean Isle Beach
+12.4%

How many homes are available in Shallotte Township, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
468447-4.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 12
+100.0%
2 7670
-7.9%
3 256246
-3.9%
4 102100
-2.0%
5+ 3329
-12.1%

Number of Homes Sold

Aug 2022Sep 2022%
107110+2.8%

Asking Price vs. Sold Price

61 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shallotte Township, you may be able to get a good deal. 55.5% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
38 Days36 Days-5.2%

Breakdown of Home Sale Times

66 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shallotte Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Shallotte Township, NC

Homes for sale in Shallotte Township, NC have reached 447. Between August 2022 and September 2022, Shallotte Township, NC real estate market has seen decrease in the number of listings by 4.5%. In September 2022, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $356,796. Real estate listing prices changed between August 2022 and September 2022: prices of 1 bedroom properties decreased by 19.9%, 2 bedrooms properties prices increased by 35.5%, 3 bedrooms properties prices increased by 20.7%, prices of 4 bedrooms properties went up by 17.4%, the cost of 5 bedrooms properties went up by 26.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 100% more available, volume of 2 bedrooms homes went down by 7.9%, 3 bedrooms homes became 3.9% less available, 4 bedrooms homes inventory decreased by 2%, 5 bedrooms homes became 12.1% less available. Over 22 listings were sold over their listed price in September 2022 in Shallotte Township, NC. In the same period over 61 listings were sold below the listed price and 27 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from North Carolina Regional MLS, Coastal Carolinas MLS, Canopy MLS, Triangle MLS, and Triad MLS Inc for the period 10/01/2020 - 10/01/2022

IDX Copyright 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/6/2022, 11:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part courtesy of the Coastal Carolinas MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers.

Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Information deemed reliable but not guaranteed. © Copyright 2022 Coastal Carolinas MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/6/2022, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Copyright © 2022 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/6/2022, 11:21:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright © 2022 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/6/2022, 11:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listing information Copyright © 2022 Triad Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/6/2022, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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