Is Atlantic Beach, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlantic Beach is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Atlantic Beach was a Neutral Market.

Key Takeaway

Atlantic Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Atlantic Beach, NC

How much do homes in Atlantic Beach, NC cost?

Median Sold Price

$629,000

$453/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,500(+3.5%)

Key Takeaway

Homes in Atlantic Beach have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Atlantic Beach was $629,000 in October 2024, up 3.5% from last year, and the median price per square foot was $453.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$147.5K
+1.7%
2 $494.5K$525K
+6.2%
3 $650K$714K
+9.8%
4 $905.5K$910K
0.5%
5+ $1.5M$1.6M
+10.0%

Summary: Atlantic Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Cities

Morehead Township
+8.0%
Atlantic Beach
+3.5%

Housing Supply in Atlantic Beach, NC

How many homes are available in Atlantic Beach, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
133151+13.5%

Summary: The Atlantic Beach real estate market had 151 homes for sale in October 2024, a 13.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 915
+66.7%
2 4450
+13.6%
3 4854
+12.5%
4 2422
-8.3%
5+ 810
+25.0%

Summary: The Atlantic Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1317+30.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlantic Beach, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Atlantic Beach in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 59% were sold under asking, 41% were sold at asking, and 0% were sold over asking.

Days on Market for Atlantic Beach, NC

How long does it take to sell a home in Atlantic Beach, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days54 Days+10.3%

Summary: Homes in Atlantic Beach had an average of 54 days on market in Oct 2024, up by 10.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Atlantic Beach are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in Atlantic Beach; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Atlantic Beach, NC

Nearby Markets to Atlantic Beach, NC

What housing markets are near Atlantic Beach, NC?