Is Jones, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jones is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Jones has remained a Seller's Market.

Key Takeaway

Jones is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jones, OK

How much do homes in Jones, OK cost?

Median Sold Price

$442,400

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$46,900(+11.9%)

Key Takeaway

Homes in Jones have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in Jones was $442,400 in September 2024, up 11.9% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $259K-
N/A
2 $148K$114K
-23.0%
3 $297.5K$262.4K
-11.8%
4 $499.4K$536.5K
+7.4%
5+ $436.5K$656.9K
+50.5%

Summary: Jones housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 50.5%.

Median Sold Price Compared To Nearby Cities

Jones
+11.9%
Oklahoma City Southeast
+7.4%
Choctaw
+5.7%
Oklahoma City Northeast
+2.8%
Oklahoma City
0.2%

Housing Supply in Jones, OK

How many homes are available in Jones, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6358-7.9%

Summary: The Jones real estate market had 58 homes for sale in September 2024, a 7.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 11
0.0%
3 2222
0.0%
4 2926
-10.3%
5+ 108
-20.0%

Summary: The Jones housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jones, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Jones in September 2024, up by 9.1% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.

Days on Market for Jones, OK

How long does it take to sell a home in Jones, OK?

Average Sale Time

Sep 2023Sep 2024CHANGE
17 Days91 Days+419.8%

Summary: Homes in Jones had an average of 91 days on market in Sep 2024, up by 419.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jones are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 12 homes were sold in Jones; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

Newest Listings in Jones, OK

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