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 buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Jonesboro Township, AR

How much do homes in Jonesboro Township, AR cost?

Median Sold Price

$231,000

$118/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$43,900(-16.0%)

Key Takeaway

Homes in Jonesboro Township have sold for 16% less than they did a month ago.

Summary: The median home sold price in Jonesboro Township was $231,000 in November 2024, down 16% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $111.7K$110.7K
-0.9%
3 $199.9K$182.5K
-8.7%
4 $342.9K$325K
-5.2%
5+ $789.5K$441.1K
-44.1%

Summary: Jonesboro 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 decreased by 0.9%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 44.1%.

Median Sold Price Compared To Nearby Cities

Jonesboro Township
-16.0%
Jonesboro
-16.0%
Nettleton Township
-35.0%

Housing Supply in Jonesboro Township, AR

How many homes are available in Jonesboro Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
223216-3.1%

Summary: The Jonesboro Township real estate market had 216 homes for sale in November 2024, a 3.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1517
+13.3%
3 9889
-9.2%
4 8684
-2.3%
5+ 2325
+8.7%

Summary: The Jonesboro 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 13.3%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5030-40.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 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. 63% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Jonesboro Township in November 2024, down by 40.0% month-over-month. Of the 27 sold homes, 63% were sold under asking, 15% were sold at asking, and 22% 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?