$3,086 Closing Credit*
$259,900
675 SqFt
1 Bed
•2 Full Baths
#100476494, Listing Office: Coldwell Banker Sea Coast Advantage-Hampstead
Is North Topsail 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, North Topsail Beach was a Seller's Market.
Key Takeaway
North Topsail Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Topsail Beach, NC
How much do homes in North Topsail Beach, NC cost?
Median Sold Price
$500,000
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+5.3%)
Key Takeaway
Homes in North Topsail Beach have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in North Topsail Beach was $500,000 in October 2024, up 5.3% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $209.9K | -2.4% |
| 2 Bedrooms | $370.5K | $357.1K | -3.6% |
| 3 Bedrooms | $578.3K | $540K | -6.6% |
| 4 Bedrooms | $845K | $950K | +12.4% |
| 5+ Bedrooms | $1.1M | $1.5M | +31.9% |
Summary: North Topsail Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 31.9%.
Median Sold Price Compared To Nearby Cities
| North Topsail Beach | $475K | $500K | +5.3% |
| Stump Sound Township | $359.7K | $364.4K | +1.3% |
| Sneads Ferry | $380K | $379.9K | 0% |
Housing Supply in North Topsail Beach, NC
How many homes are available in North Topsail Beach, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 156 | 176 | +12.8% |
Summary: The North Topsail Beach real estate market had 176 homes for sale in October 2024, a 12.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 34 | +47.8% |
| 2 Bedrooms | 44 | 53 | +20.5% |
| 3 Bedrooms | 42 | 38 | -9.5% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The North Topsail Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 47.8%, 2 bedroom homes increased by 20.5%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Topsail Beach, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in North Topsail Beach in October 2024, down by 31.3% month-over-month. Of the 11 sold homes, 91% were sold under asking, 9% were sold at asking, and 0% were sold over asking.
Days on Market for North Topsail Beach, NC
How long does it take to sell a home in North Topsail Beach, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 91 Days | 173 Days | +89.1% |
Summary: Homes in North Topsail Beach had an average of 173 days on market in Oct 2024, up by 89.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in North Topsail Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 11 homes were sold in North Topsail Beach; 9% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 64% of homes were sold over 90 days.
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