Is Jack Britt, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jack Britt is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Jack Britt has remained a Seller's Market.

Key Takeaway

Jack Britt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jack Britt, NC

How much do homes in Jack Britt, NC cost?

Median Sold Price

$285,300

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,475(+4.2%)

Key Takeaway

Homes in Jack Britt have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Jack Britt was $285,300 in October 2024, up 4.2% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $60K$53.5K
-10.8%
2 $165K$162.4K
-1.5%
3 $213.9K$229.9K
+7.5%
4 $340K$360K
+5.9%
5+ $430K$463.3K
+7.7%

Summary: Jack Britt housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Neighborhoods

Douglas Byrd
+10.0%
Seventy-First
+5.3%
Jack Britt
+4.2%
Rockfish
+2.9%

Housing Supply in Jack Britt, NC

How many homes are available in Jack Britt, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
172190+10.5%

Summary: The Jack Britt real estate market had 190 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 22
0.0%
3 90108
+20.0%
4 5755
-3.5%
5+ 2123
+9.5%

Summary: The Jack Britt 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 20%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3344+33.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jack Britt, expect to pay close to the asking price. 52.3% of homes here sold near the asking price last month.

Summary: A total of 44 homes were sold or pending in Jack Britt in October 2024, up by 33.3% month-over-month. Of the 44 sold homes, 34% were sold under asking, 52% were sold at asking, and 14% were sold over asking.

Days on Market for Jack Britt, NC

How long does it take to sell a home in Jack Britt, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days33 Days-28.7%

Summary: Homes in Jack Britt had an average of 33 days on market in Oct 2024, down by 28.7% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jack Britt are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 44 homes were sold in Jack Britt; 66% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% 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 20 Days Ago

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