Is Jack Britt, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jack Britt has remained a Seller's Market.
Housing Prices in Jack Britt, NC
How much do homes in Jack Britt, NC cost?
Median Sold Price
$285,187
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jack Britt was $285,187 in May 2024, up 10.4% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | $61.5K | +23.0% |
2 Bedrooms | $138.5K | $160K | +15.5% |
3 Bedrooms | $199.8K | $223.5K | +11.8% |
4 Bedrooms | $325.3K | $356K | +9.4% |
5+ Bedrooms | $416.8K | $456.1K | +9.4% |
Summary: Jack Britt housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Neighborhoods
Douglas Byrd | $165.7K | $189.1K | +14.1% |
Rockfish | $230K | $255K | +10.9% |
Jack Britt | $258.2K | $285.1K | +10.4% |
Seventy-First | $222K | $235K | +5.9% |
Housing Supply in Jack Britt, NC
How many homes are available in Jack Britt, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
205 | 203 | -1.0% |
Summary: The Jack Britt real estate market had 203 homes for sale in May 2024, a 1.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 90 | 88 | -2.2% |
4 Bedrooms | 79 | 78 | -1.3% |
5+ Bedrooms | 31 | 30 | -3.2% |
Summary: The Jack Britt housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 3.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 64 | +23.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Jack Britt in May 2024, up by 23.1% month-over-month. Of the 64 sold homes, 36% were sold under asking, 44% were sold at asking, and 20% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 18 Days | -65.0% |
Summary: Homes in Jack Britt had an average of 18 days on market in May 2024, down by 65% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 64 homes were sold in Jack Britt; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.