Is Stump Sound Township, 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, Stump Sound Township has remained a Seller's Market.
Housing Prices in Stump Sound Township, NC
How much do homes in Stump Sound Township, NC cost?
Median Sold Price
$365,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stump Sound Township was $365,000 in April 2024, up 5.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $191.2K | $215.5K | +12.7% |
2 Bedrooms | $323K | $320K | -0.9% |
3 Bedrooms | $310K | $334.9K | +8.0% |
4 Bedrooms | $410.8K | $420.5K | +2.3% |
5+ Bedrooms | $762.5K | $649.6K | -14.8% |
Summary: Stump Sound Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 14.8%.
Median Sold Price Compared To Nearby Cities
North Topsail Beach | $450K | $510K | +13.3% |
Sneads Ferry | $362.6K | $389.7K | +7.5% |
Stump Sound Township | $345K | $365K | +5.8% |
Holly Ridge | $391.3K | $404.5K | +3.4% |
Housing Supply in Stump Sound Township, NC
How many homes are available in Stump Sound Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
470 | 507 | +7.9% |
Summary: The Stump Sound Township real estate market had 507 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 24 | +9.1% |
2 Bedrooms | 52 | 61 | +17.3% |
3 Bedrooms | 218 | 220 | +0.9% |
4 Bedrooms | 131 | 137 | +4.6% |
5+ Bedrooms | 47 | 65 | +38.3% |
Summary: The Stump Sound Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 38.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 99 | +22.2% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in Stump Sound Township in April 2024, up by 22.2% month-over-month. Of the 99 sold homes, 46% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for Stump Sound Township, NC
How long does it take to sell a home in Stump Sound Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 67 Days | +51.3% |
Summary: Homes in Stump Sound Township had an average of 67 days on market in Apr 2024, up by 51.3% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Summary: During April 2024, 99 homes were sold in Stump Sound Township; 57% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.