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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson Springs is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Jackson Springs, NC

How much do homes in Jackson Springs, NC cost?

Median Sold Price

$461,250

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$36,500(+8.6%)

Key Takeaway

Homes in Jackson Springs have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Jackson Springs was $461,250 in September 2024, up 8.6% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$140K
N/A
2 $172K$190.1K
+10.5%
3 $400K$427K
+6.8%
4 $502.5K$529.9K
+5.5%
5+ -$1.6M
N/A

Summary: Jackson Springs housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West End
+9.3%
Jackson Springs
+8.6%
Foxfire
+6.8%

Housing Supply in Jackson Springs, NC

How many homes are available in Jackson Springs, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4951+4.1%

Summary: The Jackson Springs real estate market had 51 homes for sale in September 2024, a 4.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1410
-28.6%
4 2428
+16.7%
5+ 67
+16.7%

Summary: The Jackson Springs housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Springs, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Jackson Springs in September 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

Sep 2023Sep 2024CHANGE
23 Days49 Days+108.5%

Summary: Homes in Jackson Springs had an average of 49 days on market in Sep 2024, up by 108.5% compared to last year.

Breakdown of Home Sale Times

2 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 Springs are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in Jackson Springs; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 30 Days Ago

Newest Listings in Jackson Springs, NC

Nearby Markets to Jackson Springs, NC

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