Is Topsail Beach, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Topsail Beach has remained a Seller's Market.
Housing Prices in Topsail Beach, NC
How much do homes in Topsail Beach, NC cost?
Median Sold Price
$880,000
$644/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Topsail Beach was $880,000 in May 2024, up 7% from last year, and the median price per square foot was $644.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $603.5K | $631.2K | +4.6% |
3 Bedrooms | $779.9K | $750K | -3.8% |
4 Bedrooms | $914.2K | $1.2M | +41.6% |
5+ Bedrooms | $1.3M | $2.1M | +63.5% |
Summary: Topsail Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 41.6%, and 5+ bedroom homes increased by 63.5%.
Median Sold Price Compared To Nearby Cities
Surf City | $528K | $612.5K | +16.0% |
Topsail Beach | $822.5K | $880K | +7.0% |
Topsail Township | $473.1K | $500.5K | +5.8% |
Housing Supply in Topsail Beach, NC
How many homes are available in Topsail Beach, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Topsail Beach real estate market had 23 homes for sale in May 2024, a 4.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Topsail Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Topsail Beach in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
2 Days | 8 Days | +220.0% |
Summary: Homes in Topsail Beach had an average of 8 days on market in May 2024, up by 220% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 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.