Is Jackson County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Jackson County was a Seller's Market.

Key Takeaway

Jackson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jackson County, NC

How much do homes in Jackson County, NC cost?

Median Sold Price

$359,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,500(+5.7%)

Key Takeaway

Homes in Jackson County have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Jackson County was $359,000 in March 2024, up 5.7% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $85K$228.2K
+168.5%
2 $275K$317.5K
+15.5%
3 $343.4K$414K
+20.5%
4 $617.5K$475K
-23.1%
5+ $725K$850.7K
+17.3%

Summary: Jackson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 168.5%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 17.3%.

Median Sold Price Compared To Nearby Counties

Haywood County
+10.9%
Swain County
+6.8%
Jackson County
+5.7%
Transylvania County
+4.3%

Housing Supply in Jackson County, NC

How many homes are available in Jackson County, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
78109+39.7%

Summary: The Jackson County real estate market had 109 homes for sale in March 2024, a 39.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 13
+200.0%
2 2339
+69.6%
3 4351
+18.6%
4 811
+37.5%
5+ 35
+66.7%

Summary: The Jackson County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 69.6%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Jackson County in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Jackson County, NC

How long does it take to sell a home in Jackson County, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days52 Days+21.9%

Summary: Homes in Jackson County had an average of 52 days on market in Mar 2024, up by 21.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jackson County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 homes were sold in Jackson County; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Jackson County, NC

Nearby Markets to Jackson County, NC

What housing markets are near Jackson County, NC?