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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jasper was a Buyer's Market.

Key Takeaway

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

Housing Prices in Jasper, AR

How much do homes in Jasper, AR cost?

Median Sold Price

$232,500

$152/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$367,500(-61.3%)

Key Takeaway

Homes in Jasper have sold for 61.2% less than they did a month ago.

Summary: The median home sold price in Jasper was $232,500 in October 2024, down 61.3% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$285K
N/A
2 --
N/A
3 $600K$180K
-70.0%
4 --
N/A
5+ --
N/A

Summary: Jasper housing prices by bedroom type for October 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 decreased by 70%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jasper
-61.3%
Jackson Township
-61.3%

Housing Supply in Jasper, AR

How many homes are available in Jasper, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1416+14.3%

Summary: The Jasper real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 22
0.0%
3 911
+22.2%
4 11
0.0%
5+ 00
0.0%

Summary: The Jasper housing inventory by bedroom type for October 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 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jasper in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Jasper, AR

How long does it take to sell a home in Jasper, AR?

Average Sale Time

Sep 2024Oct 2024CHANGE
82 Days156 Days+90.9%

Summary: Homes in Jasper had an average of 156 days on market in Oct 2024, up by 90.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jasper has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Jasper; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Jasper, AR

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