Listing Office: Arrow Realty & Land Development
Is Johns River Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Johns River Township was a Seller's Market.
Key Takeaway
Johns River Township 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 Johns River Township, NC
How much do homes in Johns River Township, NC cost?
Median Sold Price
$600,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$100,000(+20.0%)
Key Takeaway
Homes in Johns River Township have sold for 20% more than they did a year ago.
Summary: The median home sold price in Johns River Township was $600,000 in October 2024, up 20% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $325K | +41.3% |
| 2 Bedrooms | $135K | $328.5K | +143.3% |
| 3 Bedrooms | $600K | $637.5K | +6.3% |
| 4 Bedrooms | $574K | $499.9K | -12.9% |
| 5+ Bedrooms | $585K | $4.8M | +724.8% |
Summary: Johns River Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.3%, 2 bedroom homes increased by 143.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 724.8%.
Housing Supply in Johns River Township, NC
How many homes are available in Johns River Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Summary: The Johns River Township real estate market had 18 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Johns River Township 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 increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johns River Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Johns River Township in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Johns River Township, NC
How long does it take to sell a home in Johns River Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 46 Days | +1.1% |
Summary: Homes in Johns River Township had an average of 46 days on market in Oct 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Johns River Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Johns River Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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