$10,000 Closing Credit*
$1,299,000
1,092 SqFt
3 Beds
•2 Full Baths
#100479726, Listing Office: Teresa Batts Real Estate, LLC
Is Surf City, 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, Surf City was a Seller's Market.
Key Takeaway
Surf City 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 Surf City, NC
How much do homes in Surf City, NC cost?
Median Sold Price
$534,530
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$43,470(-7.5%)
Key Takeaway
Homes in Surf City have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in Surf City was $534,530 in November 2024, down 7.5% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385.2K | $370K | -4.0% |
| 2 Bedrooms | $335K | $345K | +3.0% |
| 3 Bedrooms | $570K | $532.5K | -6.6% |
| 4 Bedrooms | $650K | $550K | -15.4% |
| 5+ Bedrooms | $1.0M | $999.7K | -4.8% |
Summary: Surf City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
| North Topsail Beach | $477.5K | $500K | +4.7% |
| Topsail Township | $492K | $499.3K | +1.5% |
| Stump Sound Township | $360.9K | $363.6K | +0.8% |
| Sneads Ferry | $382.2K | $380.1K | -0.5% |
| Surf City | $578K | $534.5K | -7.5% |
Housing Supply in Surf City, NC
How many homes are available in Surf City, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 113 | 121 | +7.1% |
Summary: The Surf City real estate market had 121 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 40 | 43 | +7.5% |
| 4 Bedrooms | 39 | 42 | +7.7% |
| 5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The Surf City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Surf City, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Surf City in November 2024, up by 26.7% month-over-month. Of the 19 sold homes, 68% were sold under asking, 21% were sold at asking, and 11% were sold over asking.
Days on Market for Surf City, NC
How long does it take to sell a home in Surf City, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 58 Days | -3.7% |
Summary: Homes in Surf City had an average of 58 days on market in Nov 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Surf City has remained consistent over time.
Summary: During November 2024, 19 homes were sold in Surf City; 37% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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