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 seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Topsail Township has remained a Seller's Market.

Key Takeaway

Topsail Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$27,391(+5.8%)

Key Takeaway

Homes in Topsail Township have sold for 5.8% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $375.5K$360K
-4.1%
2 $310K$339K
+9.4%
3 $420.5K$428.8K
+2.0%
4 $520K$575K
+10.6%
5+ $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
+16.0%
Topsail Beach
+7.0%
Rocky Point
+6.1%
Topsail Township
+5.8%

Housing Supply in Topsail Township, NC

How many homes are available in Topsail Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
406398-2.0%

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

# BEDSApr 2024May 2024CHANGE
1 14
+300.0%
2 2122
+4.8%
3 174164
-5.7%
4 163156
-4.3%
5+ 4752
+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 2024May 2024CHANGE
71104+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Topsail Township, expect to pay close to the asking price. 41.3% of homes here sold near the asking price last month.

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 2023May 2024CHANGE
53 Days66 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

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 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.

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

Report Updated 1 Day Ago

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Newest Listings in Topsail Township, NC

Nearby Markets to Topsail Township, NC

What housing markets are near Topsail Township, NC?

MLS Disclaimers and Copyright

Based on information from North Carolina Regional MLS, and Triangle MLS for the period 06/01/2022 - 06/01/2024

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 7:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 7:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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