Is Jonesboro, 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, Jonesboro has remained a Seller's Market.
Housing Prices in Jonesboro, AR
How much do homes in Jonesboro, AR cost?
Median Sold Price
$228,000
$131/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Jonesboro was $228,000 in April 2024, up 0.9% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $86K | $195K | +126.7% |
3 Bedrooms | $191.9K | $212K | +10.4% |
4 Bedrooms | $359.9K | $347.4K | -3.5% |
5+ Bedrooms | $549.8K | - | N/A |
Summary: Jonesboro 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 126.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Jonesboro Township | $222.4K | $228K | +2.5% |
Nettleton Township | $180.9K | $184.5K | +2.0% |
Jonesboro | $225.9K | $228K | +0.9% |
Greenfield Township | $175K | $150K | -14.3% |
Housing Supply in Jonesboro, AR
How many homes are available in Jonesboro, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
216 | 226 | +4.6% |
Summary: The Jonesboro real estate market had 226 homes for sale in April 2024, a 4.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 23 | 24 | +4.3% |
3 Bedrooms | 94 | 103 | +9.6% |
4 Bedrooms | 78 | 77 | -1.3% |
5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Jonesboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 50 | +8.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Jonesboro in April 2024, up by 8.7% month-over-month. Of the 44 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Jonesboro, AR
We’re sorry, we don't have information for this market at the moment