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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jonesboro Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jonesboro Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Jonesboro Township, AR

How much do homes in Jonesboro Township, 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 Township have sold for 21.3% more than they did a month ago.

Summary: The median home sold price in Jonesboro Township 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

# BEDSSep 2024Oct 2024CHANGE
1 $29K-
N/A
2 $94K$111.7K
+18.9%
3 $208.9K$200K
-4.3%
4 $325K$345.2K
+6.2%
5+ $400.5K$789.5K
+97.1%

Summary: Jonesboro Township 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 Township
+21.3%
Jonesboro
+21.3%

Housing Supply in Jonesboro Township, AR

How many homes are available in Jonesboro Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
239235-1.7%

Summary: The Jonesboro Township 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

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1816
-11.1%
3 101102
+1.0%
4 8789
+2.3%
5+ 3127
-12.9%

Summary: The Jonesboro Township 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 2024Oct 2024CHANGE
4053+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jonesboro Township, 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 Township 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 Township, 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 Jonesboro Township, AR

Nearby Markets to Jonesboro Township, AR

What housing markets are near Jonesboro Township, AR?