$3,088 Closing Credit*
$260,000
4 Beds
•3 Full Baths
Toi Irvin, Listing Office: Divvy Realty
Is Jonesboro, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Jonesboro was a Seller's Market.
Key Takeaway
Jonesboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jonesboro, GA
How much do homes in Jonesboro, GA cost?
Median Sold Price
$256,257
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,257(+2.5%)
Key Takeaway
Homes in Jonesboro have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Jonesboro was $256,257 in November 2024, up 2.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63K | $78K | +23.8% |
| 2 Bedrooms | $185K | $180K | -2.7% |
| 3 Bedrooms | $239.6K | $239K | -0.3% |
| 4 Bedrooms | $285K | $287.8K | +1.0% |
| 5+ Bedrooms | $364.5K | $345K | -5.3% |
Summary: Jonesboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in Jonesboro, GA
How many homes are available in Jonesboro, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 450 | 469 | +4.2% |
Summary: The Jonesboro real estate market had 469 homes for sale in November 2024, a 4.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 258 | 275 | +6.6% |
| 4 Bedrooms | 110 | 118 | +7.3% |
| 5+ Bedrooms | 65 | 59 | -9.2% |
Summary: The Jonesboro 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 remained the same, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 9.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 58 | -27.5% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jonesboro, you may be able to get a good deal. 57.4% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Jonesboro in November 2024, down by 27.5% month-over-month. Of the 54 sold homes, 57% were sold under asking, 22% were sold at asking, and 20% were sold over asking.
Days on Market for Jonesboro, GA
How long does it take to sell a home in Jonesboro, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 60 Days | +86.1% |
Summary: Homes in Jonesboro had an average of 60 days on market in Nov 2024, up by 86.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jonesboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 58 homes were sold in Jonesboro; 38% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
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