Is Wrightsville Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wrightsville Beach was a Seller's Market.
Key Takeaway
Wrightsville Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wrightsville Beach, NC
How much do homes in Wrightsville Beach, NC cost?
Median Sold Price
$1,600,000
$1,019/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wrightsville Beach have sold for 28.4% more than they did a year ago.
Summary: The median home sold price in Wrightsville Beach was $1,600,000 in May 2024, up 28.4% from last year, and the median price per square foot was $1,019.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $542.5K | $527.5K | -2.8% |
| 2 Bedrooms | $942.5K | $940K | -0.3% |
| 3 Bedrooms | $1.3M | $1.8M | +42.0% |
| 4 Bedrooms | $1.7M | $1.6M | -6.9% |
| 5+ Bedrooms | $2.2M | $5.3M | +143.5% |
Summary: Wrightsville Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 42%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 143.5%.
Median Sold Price Compared To Nearby Cities
| Wrightsville Beach | $1.2M | $1.6M | +28.4% |
| Harnett Township | $420.3K | $443.1K | +5.4% |
| Wilmington Township | $395.4K | $413.9K | +4.7% |
| Wilmington | $395.5K | $413.9K | +4.6% |
Housing Supply in Wrightsville Beach, NC
How many homes are available in Wrightsville Beach, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 37 | +12.1% |
Summary: The Wrightsville Beach real estate market had 37 homes for sale in May 2024, a 12.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Wrightsville Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wrightsville Beach, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Wrightsville Beach in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Wrightsville Beach, NC
How long does it take to sell a home in Wrightsville Beach, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 64 Days | 128 Days | +99.4% |
Summary: Homes in Wrightsville Beach had an average of 128 days on market in May 2024, up by 99.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wrightsville Beach are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Wrightsville Beach; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
