Is Vance Jackson, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Vance Jackson was a Seller's Market.
Housing Prices in Vance Jackson, TX
How much do homes in Vance Jackson, TX cost?
Median Sold Price
$314,950
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139K | $136K | -2.2% |
2 Bedrooms | $192.4K | $185K | -3.9% |
3 Bedrooms | $323.5K | $322.2K | -0.4% |
4 Bedrooms | $360K | $375K | +4.2% |
5+ Bedrooms | $465K | $675K | +45.2% |
Summary: Vance Jackson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 45.2%.
Housing Supply in Vance Jackson, TX
How many homes are available in Vance Jackson, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 93 | +1.1% |
Summary: The Vance Jackson real estate market had 93 homes for sale in May 2024, a 1.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 39 | 41 | +5.1% |
4 Bedrooms | 32 | 31 | -3.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Vance Jackson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 9 | -60.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Vance Jackson in May 2024, down by 60.9% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Vance Jackson, TX
How long does it take to sell a home in Vance Jackson, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 33 Days | +19.3% |
Summary: Homes in Vance Jackson had an average of 33 days on market in May 2024, up by 19.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Vance Jackson; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.