Is Carolina Shores, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carolina Shores is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Carolina Shores was a Seller's Market.

Key Takeaway

Carolina Shores is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Carolina Shores, NC

How much do homes in Carolina Shores, NC cost?

Median Sold Price

$350,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,500(+9.9%)

Key Takeaway

Homes in Carolina Shores have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Carolina Shores was $350,000 in October 2024, up 9.9% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $271.7K$277.5K
+2.1%
3 $319K$340K
+6.6%
4 $358.5K$381.4K
+6.4%
5+ $389.6K$409.7K
+5.1%

Summary: Carolina Shores housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Carolina Shores
+9.9%
Calabash
+2.0%
Shallotte Township
0.4%

Housing Supply in Carolina Shores, NC

How many homes are available in Carolina Shores, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10998-10.1%

Summary: The Carolina Shores real estate market had 98 homes for sale in October 2024, a 10.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 8880
-9.1%
4 1512
-20.0%
5+ 33
0.0%

Summary: The Carolina Shores housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3015-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carolina Shores, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Carolina Shores in October 2024, down by 50.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 67% were sold at asking, and 7% were sold over asking.

Days on Market for Carolina Shores, NC

How long does it take to sell a home in Carolina Shores, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days137 Days+229.3%

Summary: Homes in Carolina Shores had an average of 137 days on market in Oct 2024, up by 229.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Carolina Shores; 47% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 47% 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

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