Is Calabash, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Calabash was a Seller's Market.
Housing Prices in Calabash, NC
How much do homes in Calabash, NC cost?
Median Sold Price
$355,346
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Calabash was $355,346 in April 2024, up 1.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98.9K | $132.4K | +33.9% |
2 Bedrooms | $239.9K | $245K | +2.1% |
3 Bedrooms | $353K | $353K | 0% |
4 Bedrooms | $497K | $518.1K | +4.3% |
5+ Bedrooms | $436.7K | $441.4K | +1.1% |
Summary: Calabash housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.9%, 2 bedroom homes increased by 2.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
Shallotte Township | $367.9K | $385K | +4.7% |
Calabash | $349.9K | $355.3K | +1.6% |
Carolina Shores | $325K | $312K | -4.0% |
Housing Supply in Calabash, NC
How many homes are available in Calabash, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
267 | 283 | +6.0% |
Summary: The Calabash real estate market had 283 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 5 | -37.5% |
2 Bedrooms | 47 | 56 | +19.1% |
3 Bedrooms | 153 | 162 | +5.9% |
4 Bedrooms | 47 | 46 | -2.1% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Calabash housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 47 | +38.2% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Calabash in April 2024, up by 38.2% month-over-month. Of the 47 sold homes, 62% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for Calabash, NC
How long does it take to sell a home in Calabash, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 80 Days | +33.7% |
Summary: Homes in Calabash had an average of 80 days on market in Apr 2024, up by 33.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in Calabash; 34% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.