FMLS Residential · city

Jonesboro

Closed sales series. Latest median $235,000 (-8.2% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 231 active · 12 under contract · 51 pending. Total residential listings by status: 294.

Data confidence: High. 540 closings in the last 12 months. Enough closings to read a trend.

Latest median$235,000-8.2% YoY
Months of supply5.4Balanced · 5.1 on 45/mo trailing-12
$/SF$131-10.4% YoY
DOM17-54.7% YoY
Sale/list100.0%32.6% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-40.5%$235,000 vs $395,000 FMLS-wide
$/SF-29.5%$131 vs $187 FMLS-wide
DOM-48%17 days vs 33 FMLS-wide
Sale/list+1.2 pts100.0% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

65
Softening

3-month volume-weighted median $235,881 (-9.8% vs same 3 months last year) on 119 closings. Latest month is $235,000. Confidence: Moderate (119 closings in 3 months).

3-month $/SF is down 7.6% versus the same 3 months last year.

Months of supply50
5.4 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price76
-9.8% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
1.88 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)80
0.21 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced33
26% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend25
-7.3% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

5.4 months of supply on last month’s pace (231 active ÷ 43 closings). 5.1 months on the trailing-12 pace (average 45 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 32.6% of last month’s closings were below list. Days on market are down 55% from a year ago.

Homes for sale in Jonesboro, GA →

How homes actually closed

Above list39.5%More than 1% over list
At list27.9%Within 1% of list
Below list32.6%More than 1% under list
Price reduced25.6%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.2151 pending ÷ 243 (active + under contract)
New / closed1.8881 listed in 30 days vs 43 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Jonesboro

High confidence. 540 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $235,000. Price your home off the neighborhood or school zone, then check that it still makes sense against this number.
  • 5.4 months of supply. Median days on market 17. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school zone, not the citywide median. Homes for sale in Jonesboro, GA →

What this means if you are listing in Jonesboro

  • Price to the closed median and $/SF here ($235,000, $131), not the FMLS-wide number. This market is below the FMLS footprint by 40.5% on median.
  • With 5.4 months of supply, expect about 17 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 32.6% of recent closings were below list and 25.6% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Jonesboro, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 25.6% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 41%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k20971.1%
$300–500k7023.8%
$500–750k82.7%
$750k–1M41.4%
$1M+31.0%

Property types

TypeListedMedian ask
Single Family Residence252$265,000
Townhouse34$263,495
Condominium8$115,000

231 active, 12 under contract, 51 pending. 81 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202643$235,000$13117100.0%32.6%25.6%
Aug 202632$232,500$14331100.0%31.3%37.5%
Jul 202644$239,200$14316100.0%36.4%29.5%
Jun 202648$259,995$1402499.7%41.7%33.3%
May 202651$250,000$14427100.0%29.4%37.3%
Apr 202652$275,000$15018100.0%34.6%25.0%
Mar 202644$247,500$13035100.0%43.2%40.9%
Feb 202642$259,000$13220100.0%40.5%9.5%
Jan 202634$263,209$1395098.1%55.9%58.8%
Dec 202544$282,490$14833100.0%43.2%36.4%
Nov 202537$260,990$1412899.4%48.6%48.6%
Oct 202569$235,000$14123100.0%46.4%43.5%
Sep 202551$256,000$14738100.0%41.2%39.2%
Aug 202547$275,000$15032100.0%40.4%34.0%
Jul 202552$254,990$15324100.0%35.3%28.8%
Jun 202557$249,990$14822100.0%38.6%36.8%
May 202563$279,990$14733100.0%38.1%49.2%
Apr 202545$245,000$13431100.0%31.1%46.7%
Mar 202537$245,000$1293698.2%61.1%54.1%
Feb 202536$232,500$14542100.0%44.4%50.0%
Jan 202538$242,500$1413399.9%42.1%44.7%
Dec 202439$247,000$1524799.6%43.6%66.7%
Nov 202431$230,000$1453599.0%51.6%58.1%
Oct 202437$257,000$14037100.0%43.2%48.6%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale in Jonesboro, GA → · ← FMLS report