Is Topsail Township, 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 Township has remained a Seller's Market.
Housing Prices in Topsail Township, NC
How much do homes in Topsail Township, NC cost?
Median Sold Price
$500,571
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Topsail Township was $500,571 in May 2024, up 5.8% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375.5K | $360K | -4.1% |
2 Bedrooms | $310K | $339K | +9.4% |
3 Bedrooms | $420.5K | $428.8K | +2.0% |
4 Bedrooms | $520K | $575K | +10.6% |
5+ Bedrooms | $584.5K | $605.3K | +3.6% |
Summary: Topsail Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Surf City | $528K | $612.5K | +16.0% |
Topsail Beach | $822.5K | $880K | +7.0% |
Rocky Point | $378K | $401K | +6.1% |
Topsail Township | $473.1K | $500.5K | +5.8% |
Housing Supply in Topsail Township, NC
How many homes are available in Topsail Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
406 | 398 | -2.0% |
Summary: The Topsail Township real estate market had 398 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 4 | +300.0% |
2 Bedrooms | 21 | 22 | +4.8% |
3 Bedrooms | 174 | 164 | -5.7% |
4 Bedrooms | 163 | 156 | -4.3% |
5+ Bedrooms | 47 | 52 | +10.6% |
Summary: The Topsail Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 10.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
71 | 104 | +46.5% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 104 homes were sold or pending in Topsail Township in May 2024, up by 46.5% month-over-month. Of the 104 sold homes, 39% were sold under asking, 41% were sold at asking, and 19% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
53 Days | 66 Days | +25.5% |
Summary: Homes in Topsail Township had an average of 66 days on market in May 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During May 2024, 104 homes were sold in Topsail Township; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.