Is Jonesborough, TN 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, Jonesborough has remained a Seller's Market.
Housing Prices in Jonesborough, TN
How much do homes in Jonesborough, TN cost?
Median Sold Price
$355,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jonesborough was $355,000 in April 2024, up 1.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | - | N/A |
2 Bedrooms | $205K | $212.5K | +3.7% |
3 Bedrooms | $339.9K | $354K | +4.1% |
4 Bedrooms | $379.5K | $440K | +15.9% |
5+ Bedrooms | $637.5K | $650K | +2.0% |
Summary: Jonesborough 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 3.7%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 2%.
Housing Supply in Jonesborough, TN
How many homes are available in Jonesborough, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
136 | 135 | -0.7% |
Summary: The Jonesborough real estate market had 135 homes for sale in April 2024, a 0.7% decrease 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 | 17 | 17 | 0.0% |
3 Bedrooms | 89 | 87 | -2.2% |
4 Bedrooms | 21 | 21 | 0.0% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Jonesborough 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 remained the same, 3 bedroom homes decreased by 2.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 35 | +9.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Jonesborough in April 2024, up by 9.4% month-over-month. Of the 35 sold homes, 49% were sold under asking, 26% were sold at asking, and 26% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 98 Days | +66.1% |
Summary: Homes in Jonesborough had an average of 98 days on market in Apr 2024, up by 66.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Jonesborough; 17% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.