Is Caswell 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, Caswell Beach has remained a Seller's Market.
Housing Prices in Caswell Beach, NC
How much do homes in Caswell Beach, NC cost?
Median Sold Price
$572,000
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Caswell Beach was $572,000 in May 2024, up 10.7% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $515K | $501K | -2.7% |
3 Bedrooms | $503.6K | $565K | +12.2% |
4 Bedrooms | $1.2M | $1.2M | +8.1% |
5+ Bedrooms | $1.7M | $3.2M | +88.2% |
Summary: Caswell 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 decreased by 2.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 88.2%.
Median Sold Price Compared To Nearby Cities
Smithville Township | $515K | $579.9K | +12.6% |
Oak Island | $532K | $595K | +11.8% |
Caswell Beach | $516.5K | $572K | +10.7% |
Southport | $438.3K | $419.8K | -4.2% |
Housing Supply in Caswell Beach, NC
How many homes are available in Caswell Beach, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The Caswell Beach real estate market had 17 homes for sale in May 2024, a 6.3% 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 | 5 | 5 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Caswell 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Caswell Beach in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Caswell Beach, NC
How long does it take to sell a home in Caswell Beach, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 11 Days | -41.6% |
Summary: Homes in Caswell Beach had an average of 11 days on market in May 2024, down by 41.6% compared to last year.
Breakdown of Home Sale Times
5 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, 5 homes were sold in Caswell 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.