Is Jonathan Creek Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jonathan Creek Township is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Jonathan Creek Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Jonathan Creek Township, NC

How much do homes in Jonathan Creek Township, NC cost?

Median Sold Price

$365,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,000(+12.3%)

Key Takeaway

Homes in Jonathan Creek Township have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Jonathan Creek Township was $365,000 in April 2024, up 12.3% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $130.9K$145K
+10.8%
2 $310K$321.7K
+3.8%
3 $432.5K$494K
+14.2%
4 $495.5K$507K
+2.3%
5+ --
N/A

Summary: Jonathan Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

White Oak Township
+60.0%
Jonathan Creek Township
+12.3%
Ivy Hill Township
+11.2%

Housing Supply in Jonathan Creek Township, NC

How many homes are available in Jonathan Creek Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3943+10.3%

Summary: The Jonathan Creek Township real estate market had 43 homes for sale in April 2024, a 10.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 87
-12.5%
2 1519
+26.7%
3 1211
-8.3%
4 35
+66.7%
5+ 11
0.0%

Summary: The Jonathan Creek Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jonathan Creek Township, 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 Jonathan Creek Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Jonathan Creek Township, NC

How long does it take to sell a home in Jonathan Creek Township, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
131 Days92 Days-29.4%

Summary: Homes in Jonathan Creek Township had an average of 92 days on market in Apr 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jonathan Creek Township has remained consistent over time.

Summary: During April 2024, 5 homes were sold in Jonathan Creek Township; 20% of homes were sold within 30 days, 60% 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 22 Days Ago

Newest Listings in Jonathan Creek Township, NC

Nearby Markets to Jonathan Creek Township, NC

What housing markets are near Jonathan Creek Township, NC?