Is Jackson Springs, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jackson Springs was a Seller's Market.
Housing Prices in Jackson Springs, NC
How much do homes in Jackson Springs, NC cost?
Median Sold Price
$460,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jackson Springs was $460,000 in May 2024, up 13.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $171.5K | $140K | -18.4% |
2 Bedrooms | $171K | $195K | +14.0% |
3 Bedrooms | $400K | $431.4K | +7.9% |
4 Bedrooms | $470K | $538.2K | +14.5% |
5+ Bedrooms | $650K | $1.6M | +155.4% |
Summary: Jackson Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 155.4%.
Housing Supply in Jackson Springs, NC
How many homes are available in Jackson Springs, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 57 | +26.7% |
Summary: The Jackson Springs real estate market had 57 homes for sale in May 2024, a 26.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 21 | 28 | +33.3% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Jackson Springs 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 increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Jackson Springs in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Jackson Springs, NC
How long does it take to sell a home in Jackson Springs, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 135 Days | +224.5% |
Summary: Homes in Jackson Springs had an average of 135 days on market in May 2024, up by 224.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Jackson Springs; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.