Is Jacksonville, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Jacksonville has remained a Seller's Market.
Key Takeaway
Jacksonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville, AR
How much do homes in Jacksonville, AR cost?
Median Sold Price
$162,500
$120/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Jacksonville have sold for 25% more than they did a month ago.
Summary: The median home sold price in Jacksonville was $162,500 in April 2024, up 25% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $44K | $87.7K | +99.4% |
| 3 Bedrooms | $141K | $166.5K | +18.1% |
| 4 Bedrooms | $282.4K | $160K | -43.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jacksonville housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 99.4%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 43.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jacksonville | $130K | $162.5K | +25.0% |
| Sherwood | $222.2K | $274.9K | +23.7% |
| Hill Township | $192K | $199.5K | +3.9% |
| Gray Township | $285K | $180K | -36.8% |
Housing Supply in Jacksonville, AR
How many homes are available in Jacksonville, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 136 | 148 | +8.8% |
Summary: The Jacksonville real estate market had 148 homes for sale in April 2024, a 8.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 100 | 100 | 0.0% |
| 4 Bedrooms | 20 | 35 | +75.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jacksonville 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 decreased by 26.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 30 | -30.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville, you could pay more than the asking price. 36.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Jacksonville in April 2024, down by 30.2% month-over-month. Of the 30 sold homes, 33% were sold under asking, 30% were sold at asking, and 37% were sold over asking.
Days on Market for Jacksonville, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.