$6,531 Closing Credit*
$550,000
920 SqFt
3 Beds
•2 Full Baths
#100472685, Listing Office: Hardee Hunt & Williams
Is Caswell Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Caswell Beach was a Seller's Market.
Key Takeaway
Caswell Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Caswell Beach, NC
How much do homes in Caswell Beach, NC cost?
Median Sold Price
$625,000
$548/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$77,750(+14.2%)
Key Takeaway
Homes in Caswell Beach have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Caswell Beach was $625,000 in October 2024, up 14.2% from last year, and the median price per square foot was $548.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $513.7K | $487.5K | -5.1% |
| 3 Bedrooms | $545K | $600K | +10.1% |
| 4 Bedrooms | $1.3M | $1.4M | +12.1% |
| 5+ Bedrooms | $1.7M | $3.2M | +88.2% |
Summary: Caswell Beach 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 decreased by 5.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 88.2%.
Median Sold Price Compared To Nearby Cities
| Smithville Township | $524K | $605.3K | +15.5% |
| Oak Island | $549.7K | $634.3K | +15.4% |
| Caswell Beach | $547.2K | $625K | +14.2% |
| Southport | $420.1K | $440.4K | +4.8% |
Housing Supply in Caswell Beach, NC
How many homes are available in Caswell Beach, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Caswell Beach real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Caswell Beach 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 decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caswell Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Caswell Beach in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Caswell Beach, NC
How long does it take to sell a home in Caswell Beach, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 1 Day | 141 Days | +14000.0% |
Summary: Homes in Caswell Beach had an average of 141 days on market in Oct 2024, up by 14000% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Caswell Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Caswell Beach; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
