Is Jersey Village, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jersey Village has remained a Seller's Market.
Housing Prices in Jersey Village, TX
How much do homes in Jersey Village, TX cost?
Median Sold Price
$395,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jersey Village was $395,500 in April 2024, down 1.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345.1K | $295K | -14.5% |
3 Bedrooms | $350.2K | $382K | +9.1% |
4 Bedrooms | $410.5K | $414K | +0.9% |
5+ Bedrooms | $714.5K | $486K | -32.0% |
Summary: Jersey Village 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 decreased by 14.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Cities
Jersey Village | $400.5K | $395.5K | -1.2% |
Houston | $325.4K | $315.1K | -3.2% |
Housing Supply in Jersey Village, TX
How many homes are available in Jersey Village, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Summary: The Jersey Village real estate market had 24 homes for sale in April 2024, a 26.3% 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 | 4 | 6 | +50.0% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Jersey Village 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 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Jersey Village in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Jersey Village, TX
How long does it take to sell a home in Jersey Village, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 15 Days | -47.7% |
Summary: Homes in Jersey Village had an average of 15 days on market in Apr 2024, down by 47.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Jersey Village; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.