Is Jones, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jones is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Jones was a Buyer's Market.

Key Takeaway

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

Housing Prices in Jones, OK

How much do homes in Jones, OK cost?

Median Sold Price

$450,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,750(+8.4%)

Key Takeaway

Homes in Jones have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Jones was $450,000 in November 2024, up 8.4% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $259K-
N/A
2 $148K$113K
-23.6%
3 $300K$289K
-3.7%
4 $499.6K$555K
+11.1%
5+ $500K$654.5K
+30.9%

Summary: Jones housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.6%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 30.9%.

Median Sold Price Compared To Nearby Cities

Jones
+8.4%
Oklahoma City Southeast
+5.7%
Oklahoma City Northeast
+5.4%
Choctaw
+4.9%
Oklahoma City
+1.4%

Housing Supply in Jones, OK

How many homes are available in Jones, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4850+4.2%

Summary: The Jones real estate market had 50 homes for sale in November 2024, a 4.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 1616
0.0%
4 2220
-9.1%
5+ 810
+25.0%

Summary: The Jones 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jones, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Jones in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
36 Days87 Days+138.1%

Summary: Homes in Jones had an average of 87 days on market in Nov 2024, up by 138.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Jones; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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 2 Days Ago

Newest Listings in Jones, OK

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