$10,000 Closing Credit*
$950,000
3,850 SqFt
5 Beds
•4 Full Baths
#100476306, 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 October 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
$692,992
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$127,992(+22.7%)
Key Takeaway
Homes in Masonboro have sold for 22.7% more than they did a year ago.
Summary: The median home sold price in Masonboro was $692,992 in October 2024, up 22.7% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $288.2K | +13.0% |
| 3 Bedrooms | $480K | $535K | +11.5% |
| 4 Bedrooms | $660.9K | $709.1K | +7.3% |
| 5+ Bedrooms | $1.1M | $907.1K | -20.1% |
Summary: Masonboro 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 increased by 13%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 20.1%.
Housing Supply in Masonboro, NC
How many homes are available in Masonboro, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 35 | -2.8% |
Summary: The Masonboro real estate market had 35 homes for sale in October 2024, a 2.8% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 20 | 16 | -20.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Masonboro 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 remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
8 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. 88.9% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Masonboro in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 11% were sold under asking, 89% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 46 Days | +791.0% |
Summary: Homes in Masonboro had an average of 46 days on market in Oct 2024, up by 791% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 October 2024, 9 homes were sold in Masonboro; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
