Is Jacobs Fork Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacobs Fork Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Jacobs Fork Township has remained a Seller'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

$285,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,000(+4.8%)

Key Takeaway

Homes in Jacobs Fork Township have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Jacobs Fork Township was $285,000 in November 2024, up 4.8% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $130K$155K
+19.2%
3 $295K$285K
-3.4%
4 $257K$335K
+30.4%
5+ $310K-
N/A

Summary: Jacobs Fork Township 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 19.2%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hickory Township
+6.9%
Jacobs Fork Township
+4.8%
Newton Township
+1.9%
Newton
-1.6%
Maiden
-1.6%

Housing Supply in Jacobs Fork Township, NC

How many homes are available in Jacobs Fork Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1413-7.1%

Summary: The Jacobs Fork Township real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 109
-10.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Jacobs Fork Township 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacobs Fork Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Jacobs Fork Township in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
43 Days89 Days+105.0%

Summary: Homes in Jacobs Fork Township had an average of 89 days on market in Nov 2024, up by 105% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jacobs Fork Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Jacobs Fork Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in Jacobs Fork Township, NC

Nearby Markets to Jacobs Fork Township, NC

What housing markets are near Jacobs Fork Township, NC?