Is Caswell Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Caswell Beach has remained a Buyer's Market.
Key Takeaway
Caswell Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Caswell Beach, NC
How much do homes in Caswell Beach, NC cost?
Median Sold Price
$582,000
$556/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Caswell Beach have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Caswell Beach was $582,000 in April 2024, up 13.6% from last year, and the median price per square foot was $556.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $506.3K | $518K | +2.3% |
| 3 Bedrooms | $502.5K | $565K | +12.4% |
| 4 Bedrooms | $1.1M | $1.2M | +12.8% |
| 5+ Bedrooms | $1.7M | $3.2M | +88.2% |
Summary: Caswell Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 88.2%.
Median Sold Price Compared To Nearby Cities
| Caswell Beach | $512.5K | $582K | +13.6% |
| Oak Island | $533.5K | $590K | +10.6% |
| Smithville Township | $515K | $562.8K | +9.3% |
| Southport | $440.2K | $419.5K | -4.7% |
Housing Supply in Caswell Beach, NC
How many homes are available in Caswell Beach, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Caswell Beach real estate market had 16 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Caswell Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caswell Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Caswell Beach in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Caswell Beach, NC
How long does it take to sell a home in Caswell Beach, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 18 Days | +260.0% |
Summary: Homes in Caswell Beach had an average of 18 days on market in Apr 2024, up by 260% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Caswell Beach are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Caswell Beach; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
