Is Jesup, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Jesup was a Seller's Market.
Housing Prices in Jesup, GA
How much do homes in Jesup, GA cost?
Median Sold Price
$218,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jesup was $218,000 in March 2024, up 10.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $10K | - | N/A |
2 Bedrooms | $123.5K | $138.5K | +12.1% |
3 Bedrooms | $191.4K | $215K | +12.3% |
4 Bedrooms | $251.9K | $285K | +13.1% |
5+ Bedrooms | $318.4K | $417K | +31.0% |
Summary: Jesup housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 31%.
Housing Supply in Jesup, GA
How many homes are available in Jesup, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 42 | -4.5% |
Summary: The Jesup real estate market had 42 homes for sale in March 2024, a 4.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 31 | 26 | -16.1% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Jesup housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 6 | -53.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Jesup in March 2024, down by 53.8% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Jesup, GA
How long does it take to sell a home in Jesup, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
96 Days | 68 Days | -29.0% |
Summary: Homes in Jesup had an average of 68 days on market in Mar 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Jesup; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.