Is Jacksonville, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jacksonville was a Buyer's Market.
Key Takeaway
Jacksonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville, AR
How much do homes in Jacksonville, AR cost?
Median Sold Price
$135,500
$109/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Jacksonville have sold for 21.7% less than they did a month ago.
Summary: The median home sold price in Jacksonville was $135,500 in March 2024, down 21.7% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $32K | $43K | +34.4% |
| 3 Bedrooms | $169K | $143.2K | -15.2% |
| 4 Bedrooms | $252.9K | $279.9K | +10.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jacksonville housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.4%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hill Township | $175K | $191K | +9.1% |
| Sherwood | $221K | $223K | +0.9% |
| Jacksonville | $173K | $135.5K | -21.7% |
Housing Supply in Jacksonville, AR
How many homes are available in Jacksonville, AR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 120 | 142 | +18.3% |
Summary: The Jacksonville real estate market had 142 homes for sale in March 2024, a 18.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 82 | 103 | +25.6% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Jacksonville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 41 | +141.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville, expect to pay close to the asking price. 44.7% of homes here sold near the asking price last month.
Summary: A total of 41 homes were sold or pending in Jacksonville in March 2024, up by 141.2% month-over-month. Of the 38 sold homes, 39% were sold under asking, 45% were sold at asking, and 16% were sold over asking.
Days on Market for Jacksonville, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.