Is Jacksonville, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jacksonville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jacksonville, AR

How much do homes in Jacksonville, AR cost?

Median Sold Price

$190,000

$115/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$25,450(-11.8%)

Key Takeaway

Homes in Jacksonville have sold for 11.8% less than they did a month ago.

Summary: The median home sold price in Jacksonville was $190,000 in November 2024, down 11.8% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $72.5K$110K
+51.7%
3 $212.5K$152K
-28.5%
4 $294K$285K
-3.1%
5+ --
N/A

Summary: Jacksonville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.7%, 3 bedroom homes decreased by 28.5%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sherwood
+10.4%
Hill Township
+4.2%
Jacksonville
-11.8%
Gray Township
-49.0%

Housing Supply in Jacksonville, AR

How many homes are available in Jacksonville, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
140151+7.9%

Summary: The Jacksonville real estate market had 151 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 96104
+8.3%
4 3535
0.0%
5+ 25
+150.0%

Summary: The Jacksonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3027-10.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Jacksonville in November 2024, down by 10.0% month-over-month. Of the 25 sold homes, 60% were sold under asking, 16% were sold at asking, and 24% were sold over asking.

Days on Market for Jacksonville, AR

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Jacksonville, AR

Nearby Markets to Jacksonville, AR

What housing markets are near Jacksonville, AR?