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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Jasper Township was a Seller's Market.

Key Takeaway

Jasper Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jasper Township, AR

How much do homes in Jasper Township, AR cost?

Median Sold Price

$334,000

$196/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$101,500(+43.7%)

Key Takeaway

Homes in Jasper Township have sold for 43.7% more than they did a month ago.

Summary: The median home sold price in Jasper Township was $334,000 in November 2024, up 43.7% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $285K-
N/A
2 -$255K
N/A
3 $180K-
N/A
4 -$413K
N/A
5+ --
N/A

Summary: Jasper Township 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jasper Township, AR

How many homes are available in Jasper Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2127+28.6%

Summary: The Jasper Township real estate market had 27 homes for sale in November 2024, a 28.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 45
+25.0%
3 1212
0.0%
4 26
+200.0%
5+ 12
+100.0%

Summary: The Jasper Township 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Jasper Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jasper Township, AR

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

Average Sale Time

Oct 2024Nov 2024CHANGE
156 Days121 Days-22.7%

Summary: Homes in Jasper Township had an average of 121 days on market in Nov 2024, down by 22.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jasper Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Jasper Township; 0% of homes were sold within 30 days, 0% 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 21 Days Ago

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