Is Minnesott Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Minnesott Beach has remained a Seller's Market.
Housing Prices in Minnesott Beach, NC
How much do homes in Minnesott Beach, NC cost?
Median Sold Price
$290,000
$251/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Minnesott Beach was $290,000 in April 2024, down 37.6% from last month, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199K | $215K | +8.0% |
3 Bedrooms | $507.4K | $417.5K | -17.7% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Minnesott Beach housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Minnesott Beach, NC
How many homes are available in Minnesott Beach, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Summary: The Minnesott Beach real estate market had 23 homes for sale in April 2024, a 4.2% decrease 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 | 7 | 8 | +14.3% |
3 Bedrooms | 16 | 14 | -12.5% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minnesott 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 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Minnesott Beach in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Minnesott Beach, NC
How long does it take to sell a home in Minnesott Beach, NC?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 Days | 35 Days | -65.0% |
Summary: Homes in Minnesott Beach had an average of 35 days on market in Apr 2024, down by 65% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Minnesott 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.