Is Jonathan Creek 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, 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
$365,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Jonathan Creek Township have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Jonathan Creek Township was $365,000 in May 2024, up 11.8% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130.9K | $145K | +10.8% |
| 2 Bedrooms | $325K | $316K | -2.8% |
| 3 Bedrooms | $447.5K | $505K | +12.8% |
| 4 Bedrooms | $649K | $365K | -43.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jonathan Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jonathan Creek Township | $326.5K | $365K | +11.8% |
| Ivy Hill Township | $365K | $400K | +9.6% |
Housing Supply in Jonathan Creek Township, NC
How many homes are available in Jonathan Creek Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 59 | +34.1% |
Summary: The Jonathan Creek Township real estate market had 59 homes for sale in May 2024, a 34.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 20 | 24 | +20.0% |
| 3 Bedrooms | 11 | 18 | +63.6% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jonathan Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jonathan Creek Township, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Jonathan Creek Township in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 83% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 65 Days | 14 Days | -77.9% |
Summary: Homes in Jonathan Creek Township had an average of 14 days on market in May 2024, down by 77.9% compared to last year.
Breakdown of Home Sale Times
4 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 Jonathan Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Jonathan Creek Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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