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 (910) 202-4813

  info@justforbuyersrealty.com

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Where the Housing Market Stands Halfway in 2022

July 8, 2022 By Just For Buyers Realty

 

 

With the first six months of 2022 now in the books, we thought it would be the perfect time to do a deep dive into the numbers. Our staff conducted a study of every home sold so far this year. We broke the numbers down into the 29 largest towns in the Cape Fear region. We then ranked these areas based on average price. (In the table below you will notice we also recorded the average price per square foot.) To no one’s surprise the most expensive averages were found in beach communities, and the lowest were located in more rural areas.  Still, there were some numbers that did raise our eyebrows. For instance, we didn’t expect that the highest non beach community would be Belville. We were also shocked to see that in the battle of the bedroom communities, that the average price in Hampstead is now more than $60,000 more expensive than it is in Leland. The numbers and rankings will obviously change in the next six months, but hopefully this study will help provide some insight on each area and where your money will go the furthest.

Location Average Price Average Price Per Square Foot
1.Wrightsville Beach $1,506,279 $893 per square foot
2. Bald Head Island $1,497,835 $696 per square foot
3. Kure Beach $751,979 $421 per square foot
4. Caswell Beach $718,000 $389 per square foot
5. Surf City $651,015 $368 per square foot
6. Oak Island $615,568 $396 per square foot
7. Ocean Isle $601,892 $311 per square foot
8. Carolina Beach $581,692 $436 per square foot
9 Belville $469,714 $196 per square foot
10 Southport $463,856 $227 per square goot
11. Wilmington $459,716 $211 per square foot
12 Sunset Beach $456,064 $249 per square foot
13. Hampstead $448,708 $192 per square foot
14.Leland $383,943 $189 per square foot
15. Bolivia $344,061 $181 per square foot
16. Castle Hayne $343,445 $189 per square foot
17. Winnabow $340,077 $179 per square foot
18. Rocky Point $328,521 $153 per square foot
19. Carolina Shores $325,561 $169 per square foot
20. Calabash $318,724 $179 per square foot
21. Shallotte $292,496 $164 per square foot
22. Supply $283,329 $171 per square foot
23. Boiling Spring Lakes $275,817 $194 Per square foot
24. Ash $269,250 $149 per square foot
25. Varnamtown $265,000 $202 per square foot
26. Burgaw $252,898 $151 per square foot
27. Currie $238,538 $161 per square foot
28. Navassa $221,000 $175 per square foot
29. Atkinson $172,113 $107 per square foot

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Office: (910) 202-4813

Email: info@justforbuyersrealty.com

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5 Silva Terra Drive, Suite 140
Wilmington, NC 28412
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