$10,000 Closing Credit*
$1,199,000
2,537 SqFt
5 Beds
•3 Full Baths
#100476314, Listing Office: Carolina Retreats Vacations LLC
Is Kure 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, Kure Beach was a Seller's Market.
Key Takeaway
Kure Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kure Beach, NC
How much do homes in Kure Beach, NC cost?
Median Sold Price
$752,500
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$105,000(+16.2%)
Key Takeaway
Homes in Kure Beach have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in Kure Beach was $752,500 in October 2024, up 16.2% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $358K | +17.4% |
| 2 Bedrooms | $475K | $512.5K | +7.9% |
| 3 Bedrooms | $645K | $749.5K | +16.2% |
| 4 Bedrooms | $950K | $901K | -5.2% |
| 5+ Bedrooms | $1.2M | $1.0M | -11.3% |
Summary: Kure Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 16.2%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 11.3%.
Median Sold Price Compared To Nearby Cities
| Kure Beach | $647.5K | $752.5K | +16.2% |
| Federal Point Township | $510.2K | $555.8K | +8.9% |
| Carolina Beach | $599.9K | $614.1K | +2.4% |
Housing Supply in Kure Beach, NC
How many homes are available in Kure Beach, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 49 | +2.1% |
Summary: The Kure Beach real estate market had 49 homes for sale in October 2024, a 2.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Kure Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kure Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Kure Beach in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Kure Beach, NC
How long does it take to sell a home in Kure Beach, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 118 Days | +193.5% |
Summary: Homes in Kure Beach had an average of 118 days on market in Oct 2024, up by 193.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kure Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Kure Beach; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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