Is Topsail 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, Topsail Township has remained a Seller's Market.
Housing Prices in Topsail Township, NC
How much do homes in Topsail Township, NC cost?
Median Sold Price
$505,083
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Topsail Township was $505,083 in March 2024, up 6.8% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $370K | $375.5K | +1.5% |
2 Bedrooms | $291K | $339K | +16.5% |
3 Bedrooms | $418.8K | $429.4K | +2.5% |
4 Bedrooms | $520K | $570.8K | +9.8% |
5+ Bedrooms | $579.9K | $562.5K | -3.0% |
Summary: Topsail Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
Rocky Point | $365.2K | $418.8K | +14.7% |
Surf City | $540.8K | $592K | +9.5% |
Topsail Township | $472.9K | $505K | +6.8% |
Topsail Beach | $839K | $880K | +4.9% |
Housing Supply in Topsail Township, NC
How many homes are available in Topsail Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
319 | 344 | +7.8% |
Summary: The Topsail Township real estate market had 344 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 133 | 134 | +0.8% |
4 Bedrooms | 137 | 145 | +5.8% |
5+ Bedrooms | 28 | 40 | +42.9% |
Summary: The Topsail Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 59 | +22.9% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Topsail Township in March 2024, up by 22.9% month-over-month. Of the 59 sold homes, 41% were sold under asking, 36% were sold at asking, and 24% were sold over asking.
Days on Market for Topsail Township, NC
How long does it take to sell a home in Topsail Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 46 Days | -7.2% |
Summary: Homes in Topsail Township had an average of 46 days on market in Mar 2024, down by 7.2% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 59 homes were sold in Topsail Township; 54% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.