Is Sunset Beach, 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, Sunset Beach has remained a Seller's Market.
Housing Prices in Sunset Beach, NC
How much do homes in Sunset Beach, NC cost?
Median Sold Price
$447,970
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Sunset Beach was $447,970 in June 2024, up 4.1% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | - | N/A |
2 Bedrooms | $251.5K | $277.4K | +10.3% |
3 Bedrooms | $380K | $405K | +6.6% |
4 Bedrooms | $587.2K | $625.8K | +6.6% |
5+ Bedrooms | $1.0M | $652.5K | -39.3% |
Summary: Sunset Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 39.3%.
Median Sold Price Compared To Nearby Cities
Sunset Beach | $430.3K | $447.9K | +4.1% |
Shallotte Township | $370.4K | $375.6K | +1.4% |
Housing Supply in Sunset Beach, NC
How many homes are available in Sunset Beach, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
160 | 156 | -2.5% |
Summary: The Sunset Beach real estate market had 156 homes for sale in June 2024, a 2.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 29 | 25 | -13.8% |
3 Bedrooms | 87 | 83 | -4.6% |
4 Bedrooms | 31 | 36 | +16.1% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Sunset Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
36 | 33 | -8.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Sunset Beach in June 2024, down by 8.3% month-over-month. Of the 33 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for Sunset Beach, NC
How long does it take to sell a home in Sunset Beach, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
45 Days | 44 Days | -2.3% |
Summary: Homes in Sunset Beach had an average of 44 days on market in Jun 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During June 2024, 33 homes were sold in Sunset Beach; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.