$598,454
67.14 Acres
Land
David Johnson, Listing Office: eXp Realty
Is Jesup, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Jesup has remained a Seller's Market.
Key Takeaway
Jesup is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jesup, GA
How much do homes in Jesup, GA cost?
Median Sold Price
$209,300
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,700(-9.0%)
Key Takeaway
Homes in Jesup have sold for 9% less than they did a year ago.
Summary: The median home sold price in Jesup was $209,300 in October 2024, down 9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $10K | - | N/A |
| 2 Bedrooms | $212.5K | $178K | -16.2% |
| 3 Bedrooms | $220.9K | $205K | -7.2% |
| 4 Bedrooms | $264.9K | $295K | +11.4% |
| 5+ Bedrooms | $367.7K | $419.9K | +14.2% |
Summary: Jesup housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.2%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in Jesup, GA
How many homes are available in Jesup, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 50 | +22.0% |
Summary: The Jesup real estate market had 50 homes for sale in October 2024, a 22.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 21 | 30 | +42.9% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Jesup housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jesup, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Jesup in October 2024, up by 150.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for Jesup, GA
How long does it take to sell a home in Jesup, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 78 Days | +86.0% |
Summary: Homes in Jesup had an average of 78 days on market in Oct 2024, up by 86% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Jesup are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 10 homes were sold in Jesup; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
