Is Stump Sound Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Stump Sound Township has remained a Seller's Market.
Housing Prices in Stump Sound Township, NC
How much do homes in Stump Sound Township, NC cost?
Median Sold Price
$364,574
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stump Sound Township was $364,574 in March 2024, up 6.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $186K | $207.5K | +11.6% |
2 Bedrooms | $320K | $320K | 0.0% |
3 Bedrooms | $307K | $334.3K | +8.9% |
4 Bedrooms | $410K | $420.1K | +2.5% |
5+ Bedrooms | $750K | $649.6K | -13.4% |
Summary: Stump Sound Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
North Topsail Beach | $450K | $505K | +12.2% |
Sneads Ferry | $359.2K | $387.1K | +7.8% |
Stump Sound Township | $341.3K | $364.5K | +6.8% |
Holly Ridge | $385K | $410.3K | +6.6% |
Housing Supply in Stump Sound Township, NC
How many homes are available in Stump Sound Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
417 | 460 | +10.3% |
Summary: The Stump Sound Township real estate market had 460 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 22 | +4.8% |
2 Bedrooms | 44 | 53 | +20.5% |
3 Bedrooms | 200 | 214 | +7.0% |
4 Bedrooms | 109 | 124 | +13.8% |
5+ Bedrooms | 43 | 47 | +9.3% |
Summary: The Stump Sound Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 9.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 79 | +33.9% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 79 homes were sold or pending in Stump Sound Township in March 2024, up by 33.9% month-over-month. Of the 79 sold homes, 52% were sold under asking, 33% were sold at asking, and 15% were sold over asking.
Days on Market for Stump Sound Township, NC
How long does it take to sell a home in Stump Sound Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 63 Days | +13.4% |
Summary: Homes in Stump Sound Township had an average of 63 days on market in Mar 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 79 homes were sold in Stump Sound Township; 54% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.