Is Jonesville, MI 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, Jonesville has remained a Seller's Market.
Housing Prices in Jonesville, MI
How much do homes in Jonesville, MI cost?
Median Sold Price
$190,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jonesville was $190,000 in April 2024, up 15.2% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $65K | -64.9% |
2 Bedrooms | $125.4K | $125K | -0.4% |
3 Bedrooms | $160K | $193.5K | +20.9% |
4 Bedrooms | $179.9K | $201K | +11.7% |
5+ Bedrooms | $230K | $245K | +6.5% |
Summary: Jonesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.9%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Jonesville | $165K | $190K | +15.2% |
Fayette Township | $170K | $185K | +8.8% |
Housing Supply in Jonesville, MI
How many homes are available in Jonesville, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Summary: The Jonesville real estate market had 15 homes for sale in April 2024, a 25.0% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jonesville 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 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jonesville in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Jonesville, MI
How long does it take to sell a home in Jonesville, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 68 Days | +95.0% |
Summary: Homes in Jonesville had an average of 68 days on market in Apr 2024, up by 95% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Jonesville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.