$2,838 Closing Credit*
$239,000
1,673 SqFt
3 Beds
•2 Full Baths
#24041599, Blair Cook, Listing Office: Coldwell Banker Village Communities
Is Jonesboro, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jonesboro was a Neutral Market.
Key Takeaway
Jonesboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jonesboro, AR
How much do homes in Jonesboro, AR cost?
Median Sold Price
$285,000
$143/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$50,000(+21.3%)
Key Takeaway
Homes in Jonesboro have sold for 21.3% more than they did a month ago.
Summary: The median home sold price in Jonesboro was $285,000 in October 2024, up 21.3% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $29K | - | N/A |
| 2 Bedrooms | $94K | $111.7K | +18.9% |
| 3 Bedrooms | $208.9K | $200K | -4.3% |
| 4 Bedrooms | $325K | $345.2K | +6.2% |
| 5+ Bedrooms | $400.5K | $789.5K | +97.1% |
Summary: Jonesboro 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 increased by 18.9%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 97.1%.
Median Sold Price Compared To Nearby Cities
| Jonesboro | $235K | $285K | +21.3% |
| Jonesboro Township | $235K | $285K | +21.3% |
| Greenfield Township | $335K | $274.9K | -17.9% |
Housing Supply in Jonesboro, AR
How many homes are available in Jonesboro, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 239 | 235 | -1.7% |
Summary: The Jonesboro real estate market had 235 homes for sale in October 2024, a 1.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 101 | 102 | +1.0% |
| 4 Bedrooms | 87 | 89 | +2.3% |
| 5+ Bedrooms | 31 | 27 | -12.9% |
Summary: The Jonesboro housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 12.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 53 | +32.5% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jonesboro, you may be able to get a good deal. 71.1% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Jonesboro in October 2024, up by 32.5% month-over-month. Of the 45 sold homes, 71% were sold under asking, 22% were sold at asking, and 7% were sold over asking.
Days on Market for Jonesboro, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.