Is Jarrell, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jarrell is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Jarrell was a Seller's Market.

Key Takeaway

Jarrell is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

+$1,100(+0.4%)

Key Takeaway

The sold price of homes in Jarrell has remained the same since last year.

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

# BEDSApr 2023Apr 2024CHANGE
1 -$259.9K
N/A
2 $265K$274.5K
+3.6%
3 $282.9K$279.9K
-1.1%
4 $327.9K$322K
-1.8%
5+ $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 2024Apr 2024CHANGE
159183+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

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 90116
+28.9%
4 5553
-3.6%
5+ 1313
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 2024Apr 2024CHANGE
2227+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jarrell, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
58 Days66 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jarrell has remained consistent over time.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

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