Is Topsail Beach, 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, Topsail Beach has remained a Seller's Market.
Key Takeaway
Topsail Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Topsail Beach, NC
How much do homes in Topsail Beach, NC cost?
Median Sold Price
$880,000
$622/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Topsail Beach have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Topsail Beach was $880,000 in March 2024, up 4.9% from last year, and the median price per square foot was $622.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $627.5K | $631.2K | +0.6% |
| 3 Bedrooms | $746.2K | $755K | +1.2% |
| 4 Bedrooms | $895K | $1.1M | +33.8% |
| 5+ Bedrooms | $1.0M | $1.3M | +20.9% |
Summary: Topsail Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 33.8%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
| Surf City | $540.8K | $592K | +9.5% |
| Topsail Township | $472.9K | $505K | +6.8% |
| Topsail Beach | $839K | $880K | +4.9% |
Housing Supply in Topsail Beach, NC
How many homes are available in Topsail Beach, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Topsail Beach real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Topsail Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Topsail Beach, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Topsail Beach in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Topsail Beach, NC
How long does it take to sell a home in Topsail Beach, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 55 Days | 57 Days | +2.1% |
Summary: Homes in Topsail Beach had an average of 57 days on market in Mar 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Topsail Beach are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Topsail Beach; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
