$772 Closing Credit*
$65,000
1,244 SqFt
2 Beds
•1 Full Bath
NANCY Watkins, Listing Office: SHAWNEE HILLS REAL ESTATE, LLC
Is Jonesboro, IL 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, IL
How much do homes in Jonesboro, IL cost?
Median Sold Price
$101,000
$102/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$210,000(-67.5%)
Key Takeaway
Homes in Jonesboro have sold for 67.5% less than they did a month ago.
Summary: The median home sold price in Jonesboro was $101,000 in December 2024, down 67.5% from last month, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $101K | N/A |
| 2 Bedrooms | - | $160K | N/A |
| 3 Bedrooms | $187K | - | N/A |
| 4 Bedrooms | $435K | $89K | -79.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jonesboro housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 79.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Anna | $91.7K | $97.2K | +6.0% |
| Jonesboro | $311K | $101K | -67.5% |
Housing Supply in Jonesboro, IL
How many homes are available in Jonesboro, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Jonesboro real estate market had 15 homes for sale in December 2024, a 15.4% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jonesboro housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jonesboro, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Jonesboro in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Jonesboro, IL
How long does it take to sell a home in Jonesboro, IL?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 120 Days | 7 Days | -93.9% |
Summary: Homes in Jonesboro had an average of 7 days on market in Dec 2024, down by 93.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 December 2024, 3 homes were sold in Jonesboro; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.