Is Johns River Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johns River Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Johns River Township has remained a Seller's Market.

Key Takeaway

Johns River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Johns River Township, NC

How much do homes in Johns River Township, NC cost?

Median Sold Price

$405,000

$297/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$22,000(-5.2%)

Key Takeaway

Homes in Johns River Township have sold for 5.2% less than they did a month ago.

Summary: The median home sold price in Johns River Township was $405,000 in May 2024, down 5.2% from last month, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$405K
N/A
3 $427K$467.5K
+9.5%
4 --
N/A
5+ --
N/A

Summary: Johns River Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Johns River Township, NC

How many homes are available in Johns River Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1615-6.3%

Summary: The Johns River Township real estate market had 15 homes for sale in May 2024, a 6.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 02
+100.0%
2 22
0.0%
3 106
-40.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The Johns River Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johns River Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Johns River Township in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Apr 2024May 2024CHANGE
50 Days7 Days-86.1%

Summary: Homes in Johns River Township had an average of 7 days on market in May 2024, down by 86.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Johns River 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Johns River Township, NC

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