$1,603 Closing Credit*
$135,000
1,248 SqFt
3 Beds
•1 Full Bath
Brent Buxton, Listing Office: LRE Realty LLC
Is Jones, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Jones has remained a Buyer's Market.
Key Takeaway
Jones is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jones, OK
How much do homes in Jones, OK cost?
Median Sold Price
$469,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$45,000(+10.6%)
Key Takeaway
Homes in Jones have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Jones was $469,000 in December 2024, up 10.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $151.5K | $113K | -25.4% |
| 3 Bedrooms | $285K | $322.5K | +13.2% |
| 4 Bedrooms | $499.6K | $557K | +11.5% |
| 5+ Bedrooms | $500K | $655.7K | +31.2% |
Summary: Jones housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.4%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 31.2%.
Median Sold Price Compared To Nearby Cities
| Jones | $424K | $469K | +10.6% |
| Oklahoma City Northeast | $450K | $482.2K | +7.2% |
| Oklahoma City Southeast | $189.9K | $200K | +5.3% |
| Oklahoma City | $250K | $254.5K | +1.8% |
| Choctaw | $310.6K | $315K | +1.4% |
Housing Supply in Jones, OK
How many homes are available in Jones, OK?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The Jones real estate market had 47 homes for sale in December 2024, a 4.1% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Jones 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jones, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Jones in December 2024, down by 33.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Jones, OK
How long does it take to sell a home in Jones, OK?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 82 Days | 90 Days | +10.5% |
Summary: Homes in Jones had an average of 90 days on market in Dec 2024, up by 10.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Jones are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 6 homes were sold in Jones; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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