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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Topsail Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Topsail 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 Topsail Township, NC

How much do homes in Topsail Township, NC cost?

Median Sold Price

$499,319

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,305(+1.5%)

Key Takeaway

Homes in Topsail Township have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Topsail Township was $499,319 in November 2024, up 1.5% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $385.2K$370K
-4.0%
2 $329K$357.4K
+8.6%
3 $419.6K$424.7K
+1.2%
4 $549.7K$560K
+1.9%
5+ $584.9K$640K
+9.4%

Summary: Topsail Township 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 8.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Cities

Topsail Beach
+9.1%
Topsail Township
+1.5%
Rocky Point
-6.0%
Surf City
-7.5%

Housing Supply in Topsail Township, NC

How many homes are available in Topsail Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
379389+2.6%

Summary: The Topsail Township real estate market had 389 homes for sale in November 2024, a 2.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 2119
-9.5%
3 153152
-0.7%
4 150159
+6.0%
5+ 5154
+5.9%

Summary: The Topsail Township 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 9.5%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5963+6.8%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Topsail Township, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Topsail Township in November 2024, up by 6.8% month-over-month. Of the 63 sold homes, 51% were sold under asking, 37% were sold at asking, and 13% were sold over asking.

Days on Market for Topsail Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days61 Days+4.1%

Summary: Homes in Topsail Township had an average of 61 days on market in Nov 2024, up by 4.1% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 63 homes were sold in Topsail Township; 43% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% 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 17 Days Ago

Newest Listings in Topsail Township, NC

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