Is Jones County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jones County is a buyer's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Jones County, IA cost?

Median Sold Price

$155,000

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$5,000(+3.3%)

Key Takeaway

Homes in Jones County have sold for 3.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $124K-
N/A
2 $115K$122K
+6.1%
3 $151K$143K
-5.3%
4 $165K$185K
+12.1%
5+ $273.5K$305K
+11.5%

Median Sold Price Compared To Nearby Counties

Linn County
+4.8%
Jones County
+3.3%
Cedar County
+2.8%

How many homes are available in Jones County, IA?

Number of Homes For Sale

Jan 2023Feb 2023%
33330.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 56
+20.0%
3 910
+11.1%
4 1314
+7.7%
5+ 52
-60.0%

Number of Homes Sold

Jan 2023Feb 2023%
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jones County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Feb 2022Feb 2023%
32 Days49 Days+55.5%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jones County has remained consistent over time.

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

About Jones County, IA

Number of homes for sale in Jones County, IA real estate market have reached 33. In February 2023, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $155,000. From January 2023 through February 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 6.1%, 3 bedrooms properties became 5.3% more cheaper, the cost of 4 bedrooms properties went up by 12.1%, the cost of 5 bedrooms properties went up by 11.5%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 20%, the quantity of 3 bedrooms homes went up by 11.1%, number of 4 bedrooms homes increased by 7.7%, 5 bedrooms homes became 60% less available. While more than 1 listings in Jones County, IA in February 2023 were sold above asking price, there were more than 2 listings sold at asking price, and more than 1 were sold below.

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