Is Jefferson County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Jefferson County was a Seller's Market.

Key Takeaway

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

Housing Prices in Jefferson County, AR

How much do homes in Jefferson County, AR cost?

Median Sold Price

$80,000

$53/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$40,000(-33.3%)

Key Takeaway

Homes in Jefferson County have sold for 33.3% less than they did a month ago.

Summary: The median home sold price in Jefferson County was $80,000 in February 2024, down 33.3% from last month, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $25K-
N/A
2 $38.8K-
N/A
3 $125K$80K
-36.0%
4 $298K-
N/A
5+ $269.9K-
N/A

Summary: Jefferson County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Grant County
-21.3%
Jefferson County
-33.3%

Housing Supply in Jefferson County, AR

How many homes are available in Jefferson County, AR?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
203205+1.0%

Summary: The Jefferson County real estate market had 205 homes for sale in February 2024, a 1.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 32
-33.3%
2 3330
-9.1%
3 118123
+4.2%
4 4039
-2.5%
5+ 911
+22.2%

Summary: The Jefferson County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3627-25.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Jefferson County in February 2024, down by 25.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% were sold over asking.

Days on Market for Jefferson County, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Jefferson County, AR

Nearby Markets to Jefferson County, AR

What housing markets are near Jefferson County, AR?