$4,274 Closing Credit*
$359,900
1,222 SqFt
3 Beds
•1 Full Bath, 1 Partial
Bart Riddick, Listing Office: Coldwell Banker HPW
Is Atlantic, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Atlantic has remained a Seller's Market.
Key Takeaway
Atlantic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Atlantic, NC
How much do homes in Atlantic, NC cost?
Median Sold Price
$295,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.9%)
Key Takeaway
Homes in Atlantic have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Atlantic was $295,000 in November 2024, up 0.9% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $230K | +26.0% |
| 2 Bedrooms | $226.5K | $265K | +16.9% |
| 3 Bedrooms | $326K | $337.5K | +3.5% |
| 4 Bedrooms | $370K | $380.5K | +2.8% |
| 5+ Bedrooms | $357.5K | $471.5K | +31.9% |
Summary: Atlantic housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 31.9%.
Housing Supply in Atlantic, NC
How many homes are available in Atlantic, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 45 | -8.2% |
Summary: The Atlantic real estate market had 45 homes for sale in November 2024, a 8.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Atlantic housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atlantic, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Atlantic in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.
Days on Market for Atlantic, NC
How long does it take to sell a home in Atlantic, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 36 Days | +1.0% |
Summary: Homes in Atlantic had an average of 36 days on market in Nov 2024, up by 1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Atlantic are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Atlantic; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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