Is Topsail Beach, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Topsail Beach is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Topsail Beach was a Seller's Market.

Key Takeaway

Topsail Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Topsail Beach, NC

How much do homes in Topsail Beach, NC cost?

Median Sold Price

$900,000

$599/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,000(+9.1%)

Key Takeaway

Homes in Topsail Beach have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Topsail Beach was $900,000 in November 2024, up 9.1% from last year, and the median price per square foot was $599.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $631.2K$620K
-1.8%
3 $775K$900K
+16.1%
4 $1.1M$1.2M
+13.0%
5+ $1.4M$1.8M
+30.4%

Summary: Topsail Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 30.4%.

Median Sold Price Compared To Nearby Cities

Topsail Beach
+9.1%
Topsail Township
+1.5%
Surf City
-7.5%

Housing Supply in Topsail Beach, NC

How many homes are available in Topsail Beach, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1823+27.8%

Summary: The Topsail Beach real estate market had 23 homes for sale in November 2024, a 27.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 69
+50.0%
4 78
+14.3%
5+ 33
0.0%

Summary: The Topsail 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 increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Topsail 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 Topsail Beach in November 2024, up by 100.0% 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 Topsail Beach, NC

How long does it take to sell a home in Topsail Beach, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days12 Days-26.9%

Summary: Homes in Topsail Beach had an average of 12 days on market in Nov 2024, down by 26.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Topsail Beach are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Topsail Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Topsail Beach, NC

Nearby Markets to Topsail Beach, NC

What housing markets are near Topsail Beach, NC?