$250,000
0.12 Acres
Land
#100480256, Listing Office: Fonville Morisey & Barefoot
Is Masonboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Masonboro was a Neutral Market.
Key Takeaway
Masonboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Masonboro, NC
How much do homes in Masonboro, NC cost?
Median Sold Price
$692,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$126,250(+22.3%)
Key Takeaway
Homes in Masonboro have sold for 22.3% more than they did a year ago.
Summary: The median home sold price in Masonboro was $692,500 in November 2024, up 22.3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $288.2K | +13.0% |
| 3 Bedrooms | $485K | $535K | +10.3% |
| 4 Bedrooms | $692.9K | $719.9K | +3.9% |
| 5+ Bedrooms | $1.0M | $920.5K | -8.9% |
Summary: Masonboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 8.9%.
Housing Supply in Masonboro, NC
How many homes are available in Masonboro, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 32 | -13.5% |
Summary: The Masonboro real estate market had 32 homes for sale in November 2024, a 13.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Masonboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Masonboro, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Masonboro in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 71% were sold at asking, and 0% were sold over asking.
Days on Market for Masonboro, NC
How long does it take to sell a home in Masonboro, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 145 Days | +634.2% |
Summary: Homes in Masonboro had an average of 145 days on market in Nov 2024, up by 634.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Masonboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Masonboro; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
