Is Jonathan Creek Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jonathan Creek Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Jonathan Creek Township was a Seller's Market.

Key Takeaway

Jonathan Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jonathan Creek Township, NC

How much do homes in Jonathan Creek Township, NC cost?

Median Sold Price

$386,250

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,250(+13.6%)

Key Takeaway

Homes in Jonathan Creek Township have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Jonathan Creek Township was $386,250 in October 2024, up 13.6% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $142.5K$162.5K
+14.0%
2 $260K$350K
+34.6%
3 $480K$646K
+34.6%
4 $715.5K$635K
-11.3%
5+ -$810.5K
N/A

Summary: Jonathan Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 34.6%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jonathan Creek Township
+13.6%
Iron Duff Township
+5.6%
Ivy Hill Township
0.5%

Housing Supply in Jonathan Creek Township, NC

How many homes are available in Jonathan Creek Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5554-1.8%

Summary: The Jonathan Creek Township real estate market had 54 homes for sale in October 2024, a 1.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 1818
0.0%
3 1916
-15.8%
4 79
+28.6%
5+ 44
0.0%

Summary: The Jonathan Creek 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 remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

5 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 Jonathan Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Jonathan Creek Township in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jonathan Creek Township, NC

How long does it take to sell a home in Jonathan Creek Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days31 Days-51.8%

Summary: Homes in Jonathan Creek Township had an average of 31 days on market in Oct 2024, down by 51.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jonathan Creek Township has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Jonathan Creek Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Jonathan Creek Township, NC

Nearby Markets to Jonathan Creek Township, NC

What housing markets are near Jonathan Creek Township, NC?