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 4 Days Ago

Newest Listings in Jasper, AR

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