Is Emerald Isle, 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, Emerald Isle has remained a Seller's Market.
Housing Prices in Emerald Isle, NC
How much do homes in Emerald Isle, NC cost?
Median Sold Price
$783,500
$502/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Emerald Isle was $783,500 in April 2024, up 16.1% from last year, and the median price per square foot was $502.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | $330K | +13.8% |
2 Bedrooms | $475K | $565K | +18.9% |
3 Bedrooms | $615.5K | $770K | +25.1% |
4 Bedrooms | $960K | $1.0M | +5.4% |
5+ Bedrooms | $2.0M | $1.9M | -5.9% |
Summary: Emerald Isle housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 25.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 5.9%.
Median Sold Price Compared To Nearby Cities
White Oak Township | $470K | $592.9K | +26.2% |
Emerald Isle | $675K | $783.5K | +16.1% |
Indian Beach | $570.9K | $612.5K | +7.3% |
Morehead Township | $459.9K | $480K | +4.4% |
Housing Supply in Emerald Isle, NC
How many homes are available in Emerald Isle, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
114 | 125 | +9.6% |
Summary: The Emerald Isle real estate market had 125 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 17 | 20 | +17.6% |
3 Bedrooms | 49 | 51 | +4.1% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Emerald Isle 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 increased by 17.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 23 | +109.1% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Emerald Isle in April 2024, up by 109.1% month-over-month. Of the 23 sold homes, 65% were sold under asking, 4% were sold at asking, and 30% were sold over asking.
Days on Market for Emerald Isle, NC
How long does it take to sell a home in Emerald Isle, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 59 Days | +8.2% |
Summary: Homes in Emerald Isle had an average of 59 days on market in Apr 2024, up by 8.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Emerald Isle; 43% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.