$10,000 Closing Credit*
$2,200,000
4,277 SqFt
3 Beds
•4 Full Baths, 1 Partial
#100476259, Listing Office: Keller Williams Crystal Coast
Is Emerald Isle, 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, Emerald Isle was a Seller's Market.
Key Takeaway
Emerald Isle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Emerald Isle, NC
How much do homes in Emerald Isle, NC cost?
Median Sold Price
$783,000
$496/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$59,500(+8.2%)
Key Takeaway
Homes in Emerald Isle have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Emerald Isle was $783,000 in October 2024, up 8.2% from last year, and the median price per square foot was $496.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $306.6K | $307.5K | 0.3% |
| 2 Bedrooms | $519K | $575K | +10.8% |
| 3 Bedrooms | $695.9K | $685K | -1.6% |
| 4 Bedrooms | $949K | $1.1M | +18.8% |
| 5+ Bedrooms | $1.7M | $1.5M | -9.5% |
Summary: Emerald Isle housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Cities
| White Oak Township | $530K | $600K | +13.2% |
| Emerald Isle | $723.5K | $783K | +8.2% |
| Morehead Township | $460.7K | $497.4K | +8.0% |
| Indian Beach | $602K | $600K | -0.3% |
Housing Supply in Emerald Isle, NC
How many homes are available in Emerald Isle, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 | 106 | +9.3% |
Summary: The Emerald Isle real estate market had 106 homes for sale in October 2024, a 9.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 45 | 53 | +17.8% |
| 4 Bedrooms | 27 | 21 | -22.2% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Emerald Isle housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 41.7%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Emerald Isle, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Emerald Isle in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 80% were sold under asking, 13% were sold at asking, and 7% were sold over asking.
Days on Market for Emerald Isle, NC
How long does it take to sell a home in Emerald Isle, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 70 Days | +111.1% |
Summary: Homes in Emerald Isle had an average of 70 days on market in Oct 2024, up by 111.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Emerald Isle are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Emerald Isle; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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