Is Jacobs Fork Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jacobs Fork Township was a Buyer's Market.
Key Takeaway
Jacobs Fork Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacobs Fork Township, NC
How much do homes in Jacobs Fork Township, NC cost?
Median Sold Price
$310,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jacobs Fork Township have sold for 26.5% more than they did a year ago.
Summary: The median home sold price in Jacobs Fork Township was $310,000 in April 2024, up 26.5% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $130K | -36.6% |
| 3 Bedrooms | $250K | $325K | +30.0% |
| 4 Bedrooms | $489.5K | $215K | -56.1% |
| 5+ Bedrooms | - | $310K | N/A |
Summary: Jacobs Fork Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.6%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 56.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jacobs Fork Township | $245K | $310K | +26.5% |
| Hickory Township | $249.6K | $285K | +14.2% |
| Maiden | $235K | $262K | +11.5% |
| Newton | $245K | $255K | +4.1% |
| Newton Township | $242.5K | $251.9K | +3.9% |
Housing Supply in Jacobs Fork Township, NC
How many homes are available in Jacobs Fork Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Summary: The Jacobs Fork Township real estate market had 11 homes for sale in April 2024, a 35.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 10 | -37.5% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jacobs Fork Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jacobs Fork Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Jacobs Fork Township in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Jacobs Fork Township, NC
How long does it take to sell a home in Jacobs Fork Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 120 Days | +263.6% |
Summary: Homes in Jacobs Fork Township had an average of 120 days on market in Apr 2024, up by 263.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jacobs Fork Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Jacobs Fork Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.