Is Jack Britt, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jack Britt has remained a Seller's Market.
Key Takeaway
Jack Britt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jack Britt, NC
How much do homes in Jack Britt, NC cost?
Median Sold Price
$282,547
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jack Britt have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Jack Britt was $282,547 in April 2024, up 12.6% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $61.5K | +23.0% |
| 2 Bedrooms | $138.5K | $155K | +11.9% |
| 3 Bedrooms | $195.8K | $225K | +14.9% |
| 4 Bedrooms | $325K | $355K | +9.2% |
| 5+ Bedrooms | $416.8K | $443.9K | +6.5% |
Summary: Jack Britt housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Douglas Byrd | $166K | $187.5K | +13.0% |
| Jack Britt | $251K | $282.5K | +12.6% |
| Seventy-First | $217.6K | $230.6K | +6.0% |
Housing Supply in Jack Britt, NC
How many homes are available in Jack Britt, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 179 | 187 | +4.5% |
Summary: The Jack Britt real estate market had 187 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 89 | 82 | -7.9% |
| 4 Bedrooms | 67 | 74 | +10.4% |
| 5+ Bedrooms | 20 | 26 | +30.0% |
Summary: The Jack Britt housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 42 | -8.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jack Britt, expect to pay close to the asking price. 38.1% of homes here sold near the asking price last month.
Summary: A total of 42 homes were sold or pending in Jack Britt in April 2024, down by 8.7% month-over-month. Of the 42 sold homes, 29% were sold under asking, 38% were sold at asking, and 33% were sold over asking.
Days on Market for Jack Britt, NC
How long does it take to sell a home in Jack Britt, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 66 Days | 23 Days | -64.4% |
Summary: Homes in Jack Britt had an average of 23 days on market in Apr 2024, down by 64.4% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jack Britt are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 42 homes were sold in Jack Britt; 81% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. 
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.