Is Jesup, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jesup is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Jesup is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jesup, GA

How much do homes in Jesup, GA cost?

Median Sold Price

$215,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,500(-6.3%)

Key Takeaway

Homes in Jesup have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in Jesup was $215,000 in November 2024, down 6.3% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $10K-
N/A
2 $175.7K$180.2K
+2.6%
3 $215K$207K
-3.7%
4 $264.9K$295K
+11.4%
5+ $417K$339.9K
-18.5%

Summary: Jesup housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 18.5%.

Housing Supply in Jesup, GA

How many homes are available in Jesup, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4953+8.2%

Summary: The Jesup real estate market had 53 homes for sale in November 2024, a 8.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2933
+13.8%
4 1213
+8.3%
5+ 33
0.0%

Summary: The Jesup housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jesup, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Jesup in November 2024, down by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
29 Days90 Days+203.6%

Summary: Homes in Jesup had an average of 90 days on market in Nov 2024, up by 203.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jesup has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Jesup; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% 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 18 Days Ago

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