Is Kure Beach, 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, Kure Beach was a Seller's Market.
Housing Prices in Kure Beach, NC
How much do homes in Kure Beach, NC cost?
Median Sold Price
$749,500
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kure Beach was $749,500 in April 2024, up 15.3% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | $335K | +9.8% |
2 Bedrooms | $475K | $512.4K | +7.9% |
3 Bedrooms | $642.5K | $732K | +13.9% |
4 Bedrooms | $897.5K | $1.0M | +19.8% |
5+ Bedrooms | $1.3M | $1.3M | +1.0% |
Summary: Kure Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
Kure Beach | $650K | $749.5K | +15.3% |
Federal Point Township | $499.6K | $543.5K | +8.8% |
Carolina Beach | $583.3K | $610K | +4.6% |
Housing Supply in Kure Beach, NC
How many homes are available in Kure Beach, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 63 | +14.5% |
Summary: The Kure Beach real estate market had 63 homes for sale in April 2024, a 14.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 17 | 22 | +29.4% |
4 Bedrooms | 14 | 18 | +28.6% |
5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The Kure 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 increased by 25%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Kure Beach in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kure Beach, NC
How long does it take to sell a home in Kure Beach, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 118 Days | +81.7% |
Summary: Homes in Kure Beach had an average of 118 days on market in Apr 2024, up by 81.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Kure Beach; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.