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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jones is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Jones is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jones, OK

How much do homes in Jones, OK cost?

Median Sold Price

$413,250

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,032(+3.3%)

Key Takeaway

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

Summary: The median home sold price in Jones was $413,250 in April 2024, up 3.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $259K-
N/A
2 $147.5K$131.5K
-10.8%
3 $267K$215K
-19.5%
4 $490K$519K
+5.9%
5+ $440K$485K
+10.2%

Summary: Jones housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.8%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Cities

Choctaw
+8.1%
Oklahoma City Southeast
+6.2%
Jones
+3.3%
Oklahoma City
+2.1%
Oklahoma City Northeast
-4.8%

Housing Supply in Jones, OK

How many homes are available in Jones, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5266+26.9%

Summary: The Jones real estate market had 66 homes for sale in April 2024, a 26.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 13
+200.0%
3 2025
+25.0%
4 2225
+13.6%
5+ 912
+33.3%

Summary: The Jones housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 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. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Jones in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Apr 2023Apr 2024CHANGE
64 Days29 Days-54.9%

Summary: Homes in Jones had an average of 29 days on market in Apr 2024, down by 54.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 April 2024, 10 homes were sold in Jones; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

Newest Listings in Jones, OK

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