Is Jarrell, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jarrell was a Seller's Market.
Housing Prices in Jarrell, TX
How much do homes in Jarrell, TX cost?
Median Sold Price
$299,600
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jarrell was $299,600 in April 2024, up 0.4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $259.9K | N/A |
2 Bedrooms | $265K | $274.5K | +3.6% |
3 Bedrooms | $282.9K | $279.9K | -1.1% |
4 Bedrooms | $327.9K | $322K | -1.8% |
5+ Bedrooms | $365.4K | $345.9K | -5.3% |
Summary: Jarrell 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 3.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in Jarrell, TX
How many homes are available in Jarrell, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
159 | 183 | +15.1% |
Summary: The Jarrell real estate market had 183 homes for sale in April 2024, a 15.1% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 90 | 116 | +28.9% |
4 Bedrooms | 55 | 53 | -3.6% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Jarrell 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 increased by 28.9%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Jarrell in April 2024, up by 22.7% month-over-month. Of the 27 sold homes, 41% were sold under asking, 41% were sold at asking, and 19% were sold over asking.
Days on Market for Jarrell, TX
How long does it take to sell a home in Jarrell, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 66 Days | +13.4% |
Summary: Homes in Jarrell had an average of 66 days on market in Apr 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Jarrell; 30% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.