$49,900
0.50 Acres
Land
#100479972, Listing Office: ARLINGTON PLACE REALTY
Is Minnesott Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Minnesott Beach has remained a Seller's 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
$502,000
$243/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$202,500(+67.6%)
Key Takeaway
Homes in Minnesott Beach have sold for 67.6% more than they did a month ago.
Summary: The median home sold price in Minnesott Beach was $502,000 in November 2024, up 67.6% from last month, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | - | N/A |
| 3 Bedrooms | $409.2K | $502K | +22.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Minnesott Beach housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 22.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Minnesott Beach | $299.5K | $502K | +67.6% |
| Arapahoe | $409.2K | $512K | +25.1% |
Housing Supply in Minnesott Beach, NC
How many homes are available in Minnesott Beach, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The Minnesott Beach real estate market had 12 homes for sale in November 2024, a 14.3% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minnesott Beach 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 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were 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, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Minnesott Beach in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 132 Days | 53 Days | -59.3% |
Summary: Homes in Minnesott Beach had an average of 53 days on market in Nov 2024, down by 59.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Minnesott Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Minnesott Beach; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
