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.
Housing Prices in Jacksonville, AR
How much do homes in Jacksonville, AR cost?
Median Sold Price
$160,000
$117/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Jacksonville was $160,000 in May 2024, down 1.5% from last month, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $87.7K | $54K | -38.5% |
3 Bedrooms | $166.5K | $154K | -7.5% |
4 Bedrooms | $160K | $327.9K | +105.0% |
5+ Bedrooms | - | - | N/A |
Summary: Jacksonville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.5%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 105%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hill Township | $198.9K | $204K | +2.6% |
Jacksonville | $162.5K | $160K | -1.5% |
Sherwood | $274.9K | $225K | -18.2% |
Gray Township | $180K | $90K | -50.0% |
Housing Supply in Jacksonville, AR
How many homes are available in Jacksonville, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
144 | 146 | +1.4% |
Summary: The Jacksonville real estate market had 146 homes for sale in May 2024, a 1.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 97 | 93 | -4.1% |
4 Bedrooms | 34 | 38 | +11.8% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jacksonville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 41 | +13.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Jacksonville in May 2024, up by 13.9% month-over-month. Of the 37 sold homes, 41% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for Jacksonville, AR
We’re sorry, we don't have information for this market at the moment