Is Jonesborough, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jonesborough has remained a Seller's Market.
Housing Prices in Jonesborough, TN
How much do homes in Jonesborough, TN cost?
Median Sold Price
$357,085
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jonesborough was $357,085 in March 2024, up 3.9% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $197.5K | - | N/A |
2 Bedrooms | $210K | $212.5K | +1.2% |
3 Bedrooms | $336.2K | $357.8K | +6.4% |
4 Bedrooms | $375.3K | $440K | +17.2% |
5+ Bedrooms | $525K | $665K | +26.7% |
Summary: Jonesborough housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 26.7%.
Housing Supply in Jonesborough, TN
How many homes are available in Jonesborough, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
135 | 139 | +3.0% |
Summary: The Jonesborough real estate market had 139 homes for sale in March 2024, a 3.0% 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 | 13 | 17 | +30.8% |
3 Bedrooms | 92 | 91 | -1.1% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Jonesborough 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 increased by 30.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 34 | +17.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Jonesborough in March 2024, up by 17.2% month-over-month. Of the 34 sold homes, 65% were sold under asking, 15% were sold at asking, and 21% were sold over asking.
Days on Market for Jonesborough, TN
How long does it take to sell a home in Jonesborough, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 66 Days | +5.6% |
Summary: Homes in Jonesborough had an average of 66 days on market in Mar 2024, up by 5.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in Jonesborough; 26% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.