Is Jones County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jones County has remained a Seller's Market.
Key Takeaway
Jones County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jones County, IA
How much do homes in Jones County, IA cost?
Median Sold Price
$180,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jones County have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Jones County was $180,000 in April 2024, up 12.5% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $73.5K | N/A |
| 2 Bedrooms | $121K | $160K | +32.2% |
| 3 Bedrooms | $145.5K | $166.5K | +14.4% |
| 4 Bedrooms | $197K | $250.5K | +27.2% |
| 5+ Bedrooms | $370K | $164K | -55.7% |
Summary: Jones County 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 increased by 32.2%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes decreased by 55.7%.
Median Sold Price Compared To Nearby Counties
| Jones County | $160K | $180K | +12.5% |
| Linn County | $194.8K | $209.4K | +7.5% |
| Cedar County | $168K | $175K | +4.2% |
Housing Supply in Jones County, IA
How many homes are available in Jones County, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The Jones County real estate market had 42 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Jones County 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 decreased by 20%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jones County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Jones County in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Jones County, IA
How long does it take to sell a home in Jones County, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 39 Days | +23.0% |
Summary: Homes in Jones County had an average of 39 days on market in Apr 2024, up by 23% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jones County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Jones County; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.