$155,000
3.53 Acres
Land
#9973437, William Brown, Listing Office: Greeneville Real Estate & Auction Team
Is Jonesborough, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Jonesborough has remained a Seller's Market.
Key Takeaway
Jonesborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jonesborough, TN
How much do homes in Jonesborough, TN cost?
Median Sold Price
$375,600
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,141(+6.0%)
Key Takeaway
Homes in Jonesborough have sold for 6% more than they did a year ago.
Summary: The median home sold price in Jonesborough was $375,600 in October 2024, up 6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $151.5K | +12.2% |
| 2 Bedrooms | $205K | $217.2K | +6.0% |
| 3 Bedrooms | $353K | $380K | +7.6% |
| 4 Bedrooms | $394.4K | $430K | +9.0% |
| 5+ Bedrooms | $477.5K | $672.5K | +40.8% |
Summary: Jonesborough housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 40.8%.
Housing Supply in Jonesborough, TN
How many homes are available in Jonesborough, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 162 | 159 | -1.9% |
Summary: The Jonesborough real estate market had 159 homes for sale in October 2024, a 1.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 92 | 93 | +1.1% |
| 4 Bedrooms | 42 | 35 | -16.7% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Jonesborough housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jonesborough, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Jonesborough in October 2024, up by 5.7% month-over-month. Of the 37 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% were sold over asking.
Days on Market for Jonesborough, TN
How long does it take to sell a home in Jonesborough, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 63 Days | -4.3% |
Summary: Homes in Jonesborough had an average of 63 days on market in Oct 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jonesborough has remained consistent over time.
Summary: During October 2024, 37 homes were sold in Jonesborough; 24% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
