Is Jones County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jones County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Jones County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jones County, IA

How much do homes in Jones County, IA cost?

Median Sold Price

$163,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$37,000(-18.5%)

Key Takeaway

Homes in Jones County have sold for 18.5% less than they did a year ago.

Summary: The median home sold price in Jones County was $163,000 in November 2024, down 18.5% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $73.5K$130K
+76.9%
2 $158.2K$134.2K
-15.2%
3 $175K$157.5K
-10.0%
4 $250K$222K
-11.2%
5+ $370K$404.7K
+9.4%

Summary: Jones County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.9%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Counties

Linn County
+9.9%
Cedar County
+4.8%
Jones County
-18.5%

Housing Supply in Jones County, IA

How many homes are available in Jones County, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5143-15.7%

Summary: The Jones County real estate market had 43 homes for sale in November 2024, a 15.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 66
0.0%
3 2925
-13.8%
4 86
-25.0%
5+ 76
-14.3%

Summary: The Jones County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jones County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Jones County in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for Jones County, IA

How long does it take to sell a home in Jones County, IA?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days52 Days+248.2%

Summary: Homes in Jones County had an average of 52 days on market in Nov 2024, up by 248.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jones County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in Jones County; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

Newest Listings in Jones County, IA

Nearby Markets to Jones County, IA

What housing markets are near Jones County, IA?