Is Jerusalem Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jerusalem Township was a Seller's Market.
Housing Prices in Jerusalem Township, NC
How much do homes in Jerusalem Township, NC cost?
Median Sold Price
$225,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jerusalem Township was $225,500 in May 2024, up 3.7% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | - | N/A |
2 Bedrooms | $118K | $160K | +35.6% |
3 Bedrooms | $233K | $252.4K | +8.3% |
4 Bedrooms | $233.2K | $242.5K | +4.0% |
5+ Bedrooms | $519K | - | N/A |
Summary: Jerusalem Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fulton Township | $287.5K | $370K | +28.7% |
Cooleemee | $130K | $152K | +16.9% |
Jerusalem Township | $217.5K | $225.5K | +3.7% |
Unity Township | $283.8K | $275K | -3.1% |
Woodleaf | $284.6K | $275K | -3.4% |
Housing Supply in Jerusalem Township, NC
How many homes are available in Jerusalem Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 35 | +6.1% |
Summary: The Jerusalem Township real estate market had 35 homes for sale in May 2024, a 6.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 10 | -33.3% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 2 | 7 | +250.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jerusalem Township 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 decreased by 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 250%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Jerusalem Township in May 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jerusalem Township, NC
How long does it take to sell a home in Jerusalem Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 10 Days | -84.7% |
Summary: Homes in Jerusalem Township had an average of 10 days on market in May 2024, down by 84.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Jerusalem Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.