$5,522 Closing Credit*
$465,000
2,732 SqFt
4 Beds
•3 Full Baths, 1 Partial
#100474544, Listing Office: THE REAL ESTATE CENTER OF NEW BERN, INC
Is Minnesott 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, Minnesott Beach was a Neutral Market.
Key Takeaway
Minnesott Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minnesott Beach, NC
How much do homes in Minnesott Beach, NC cost?
Median Sold Price
$355,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+14.5%)
Key Takeaway
Homes in Minnesott Beach have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in Minnesott Beach was $355,000 in October 2024, up 14.5% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $211.2K | $217.5K | +3.0% |
| 3 Bedrooms | $446K | $480K | +7.6% |
| 4 Bedrooms | $625K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Minnesott Beach 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 3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Minnesott Beach | $310K | $355K | +14.5% |
| Arapahoe | $345K | $375K | +8.7% |
Housing Supply in Minnesott Beach, NC
How many homes are available in Minnesott Beach, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Minnesott Beach real estate market had 14 homes for sale in October 2024, a 12.5% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minnesott Beach 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 decreased by 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minnesott Beach, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Minnesott Beach in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Minnesott Beach, NC
How long does it take to sell a home in Minnesott Beach, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 132 Days | +158.8% |
Summary: Homes in Minnesott Beach had an average of 132 days on market in Oct 2024, up by 158.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Minnesott Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Minnesott Beach; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
