$4,566 Closing Credit*
$384,500
1,749 SqFt
3 Beds
•2 Full Baths
#100480892, Listing Office: INNOVATE Real Estate
Is Shallotte Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Shallotte Township was a Seller's Market.
Key Takeaway
Shallotte Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shallotte Township, NC
How much do homes in Shallotte Township, NC cost?
Median Sold Price
$376,650
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,209(+1.1%)
Key Takeaway
Homes in Shallotte Township have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Shallotte Township was $376,650 in November 2024, up 1.1% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.9K | $160K | +14.3% |
| 2 Bedrooms | $265K | $274K | +3.4% |
| 3 Bedrooms | $353.7K | $365.6K | +3.4% |
| 4 Bedrooms | $560.7K | $571.7K | +2.0% |
| 5+ Bedrooms | $1.1M | $1.0M | -4.6% |
Summary: Shallotte Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
| Ocean Isle Beach | $545K | $580.8K | +6.6% |
| Shallotte Township | $372.4K | $376.6K | +1.1% |
| Shallotte | $335K | $324.9K | -3.0% |
| Sunset Beach | $477K | $402.3K | -15.7% |
Housing Supply in Shallotte Township, NC
How many homes are available in Shallotte Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 825 | 798 | -3.3% |
Summary: The Shallotte Township real estate market had 798 homes for sale in November 2024, a 3.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 100 | 108 | +8.0% |
| 3 Bedrooms | 472 | 454 | -3.8% |
| 4 Bedrooms | 189 | 174 | -7.9% |
| 5+ Bedrooms | 55 | 53 | -3.6% |
Summary: The Shallotte Township 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 increased by 8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 128 | -10.5% |
Asking Price vs. Sold Price
82 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shallotte Township, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.
Summary: A total of 128 homes were sold or pending in Shallotte Township in November 2024, down by 10.5% month-over-month. Of the 128 sold homes, 64% were sold under asking, 28% were sold at asking, and 8% were sold over asking.
Days on Market for Shallotte Township, NC
How long does it take to sell a home in Shallotte Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 71 Days | +32.7% |
Summary: Homes in Shallotte Township had an average of 71 days on market in Nov 2024, up by 32.7% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
42 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shallotte Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 128 homes were sold in Shallotte Township; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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