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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jonestown is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Jonestown, TX

How much do homes in Jonestown, TX cost?

Median Sold Price

$637,750

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$68,000(-9.6%)

Key Takeaway

Homes in Jonestown have sold for 9.6% less than they did a year ago.

Summary: The median home sold price in Jonestown was $637,750 in March 2024, down 9.6% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $200K-
N/A
2 $297K$383K
+29.0%
3 $475K$486.2K
+2.4%
4 $1.0M$800K
-24.3%
5+ $1.5M$2.4M
+63.3%

Summary: Jonestown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes increased by 63.3%.

Median Sold Price Compared To Nearby Cities

Northwest Travis
-6.8%
Lago Vista
-7.4%
Leander
-7.4%
Jonestown
-9.6%

Housing Supply in Jonestown, TX

How many homes are available in Jonestown, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7192+29.6%

Summary: The Jonestown real estate market had 92 homes for sale in March 2024, a 29.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1114
+27.3%
3 2433
+37.5%
4 2729
+7.4%
5+ 714
+100.0%

Summary: The Jonestown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jonestown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jonestown in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Jonestown, TX

How long does it take to sell a home in Jonestown, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
180 Days176 Days-1.9%

Summary: Homes in Jonestown had an average of 176 days on market in Mar 2024, down by 1.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jonestown are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Jonestown; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 25 Days Ago

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