Is Jonesville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jonesville is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Jonesville has remained a Buyer's Market.

Key Takeaway

Jonesville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jonesville, VA

How much do homes in Jonesville, VA cost?

Median Sold Price

$147,500

$89/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,500(+18.0%)

Key Takeaway

Homes in Jonesville have sold for 18% more than they did a year ago.

Summary: The median home sold price in Jonesville was $147,500 in October 2024, up 18% from last year, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $81K$65K
-19.8%
3 $150.2K$149.9K
-0.2%
4 $104.9K$165K
+57.2%
5+ $345K$499.5K
+44.8%

Summary: Jonesville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.8%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 57.2%, and 5+ bedroom homes increased by 44.8%.

Housing Supply in Jonesville, VA

How many homes are available in Jonesville, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1715-11.8%

Summary: The Jonesville real estate market had 15 homes for sale in October 2024, a 11.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 108
-20.0%
4 44
0.0%
5+ 22
0.0%

Summary: The Jonesville housing inventory by bedroom type for October 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jonesville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Jonesville, VA

How long does it take to sell a home in Jonesville, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days28 Days-46.7%

Summary: Homes in Jonesville had an average of 28 days on market in Oct 2024, down by 46.7% compared to last year.

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 Jonesville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Jonesville; 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 20 Days Ago

Newest Listings in Jonesville, VA

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