The Millbrook-Masonboro Loop housing market is somewhat competitive. The median sale price of a home in Millbrook-Masonboro Loop was $517K last month, up 55.8% since last year. The median sale price per square foot in Millbrook-Masonboro Loop is $182, down 28.3% since last year.
What is the housing market like in Millbrook-Masonboro Loop today?
In April 2024, Millbrook-Masonboro Loop home prices were up 55.8% compared to last year, selling for a median price of $517K. On average, homes in Millbrook-Masonboro Loop sell after 74 days on the market compared to 10 days last year. There were 12 homes sold in April this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$517,000
+55.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Millbrook-Masonboro Loop, NC
$517,000
+55.8%
United States
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How hot is the Millbrook-Masonboro Loop housing market?
Millbrook-Masonboro Loop is somewhat competitive. Homes sell in 26 days.
0
100
61
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 26 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Learn about schools in the Millbrook-Masonboro Loop area
Elementary
Middle
High
GreatSchools Rating
8/10
Walter L Parsley Elementary
Public • K-5
525
Students
9 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Millbrook-Masonboro Loop housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Millbrook-Masonboro Loop.
Risk Factor
Flood Factor - Moderate
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Millbrook-Masonboro Loop has a moderate risk of flooding. 281 properties in Millbrook-Masonboro Loop are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Millbrook-Masonboro Loop. Flood risk is increasing faster than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
Millbrook-Masonboro Loop has a moderate risk of wildfire. There are 962 properties in Millbrook-Masonboro Loop that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in Millbrook-Masonboro Loop.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Millbrook-Masonboro Loop has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Millbrook-Masonboro Loop is most at risk from hurricanes. 1,776 properties in Millbrook-Masonboro Loop have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 142 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 155 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Millbrook-Masonboro Loop has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Millbrook-Masonboro Loop have an Extreme Heat Factor®.
Millbrook-Masonboro Loop is expected to see a 185% increase in the number of days over 103ºF over the next 30 years. Millbrook-Masonboro Loop is expected to experience 8