Is Jonesboro District 2, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jonesboro District 2 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jonesboro District 2 has remained a Seller's Market.

Key Takeaway

Jonesboro District 2 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jonesboro District 2, IL

How much do homes in Jonesboro District 2, IL cost?

Median Sold Price

$435,000

$187/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$271,000(+165.2%)

Key Takeaway

Homes in Jonesboro District 2 have sold for 165.2% more than they did a month ago.

Summary: The median home sold price in Jonesboro District 2 was $435,000 in November 2024, up 165.2% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $164K-
N/A
4 -$435K
N/A
5+ --
N/A

Summary: Jonesboro District 2 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jonesboro District 2
+165.2%
Jonesboro
+89.6%
Jonesboro District 3
-58.0%

Housing Supply in Jonesboro District 2, IL

How many homes are available in Jonesboro District 2, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
43-25.0%

Summary: The Jonesboro District 2 real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Jonesboro District 2 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jonesboro District 2, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Jonesboro District 2 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Jonesboro District 2, IL

How long does it take to sell a home in Jonesboro District 2, IL?

Average Sale Time

Oct 2024Nov 2024CHANGE
25 Days4 Days-84.0%

Summary: Homes in Jonesboro District 2 had an average of 4 days on market in Nov 2024, down by 84% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jonesboro District 2 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Jonesboro District 2; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Jonesboro District 2, IL

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