$10,000 Closing Credit*
$895,000
3,578 SqFt
6 Beds
•3 Full Baths, 1 Partial
#100471235, Listing Office: Nest Realty
Is Masonboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Masonboro has remained a Seller's 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
$683,050
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$108,050(+18.8%)
Key Takeaway
Homes in Masonboro have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Masonboro was $683,050 in September 2024, up 18.8% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $286.4K | +12.3% |
| 3 Bedrooms | $497.5K | $495K | -0.5% |
| 4 Bedrooms | $725K | $713.7K | -1.5% |
| 5+ Bedrooms | $1.1M | $898.8K | -20.8% |
Summary: Masonboro housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 20.8%.
Housing Supply in Masonboro, NC
How many homes are available in Masonboro, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 45 | 34 | -24.4% |
Summary: The Masonboro real estate market had 34 homes for sale in September 2024, a 24.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 22 | 14 | -36.4% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Masonboro housing inventory by bedroom type for September 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 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Masonboro, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Masonboro in September 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 19 Days | 87 Days | +349.7% |
Summary: Homes in Masonboro had an average of 87 days on market in Sep 2024, up by 349.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Masonboro are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 10 homes were sold in Masonboro; 40% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
