Is Jersey, AR 71651 a buyer’s or seller’s market?
Jersey is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Jersey housing market right now
In the three months ending August 31, 2026, 0% of homes in Jersey, AR 71651 sold above their list price, the typical home went under contract in 126 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (114 days then) and the median sale price rose 251% to $299,870. Overall, Jersey is less competitive than a year ago, which gives buyers more room.
Nearby, Hermitage 71647 (25% sold over asking) and Warren 71671 (18% sold over asking) are even more competitive.
Run the numbers for 71651
Nearby markets
Banks 71631 — /sq ftHermitage 71647Seller’s market $38 /sq ftWarren 71671Balanced $36 /sq ft Browse all markets →Where Jersey is
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Questions about Jersey real estate
Is Jersey a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Jersey, AR 71651 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Jersey?
The typical home went under contract in 126 days in the latest three months.
Do homes in Jersey sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Jersey?
About 0.57% of a home’s value a year in Bradley County, or roughly $2,280 on a $400,000 home.
What is the median home price in Jersey?
The median sale price was $299,870 in the three months ending August 31, 2026, about $111 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology