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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jourdanton is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Jourdanton has remained a Seller's Market.

Key Takeaway

Jourdanton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jourdanton, TX

How much do homes in Jourdanton, TX cost?

Median Sold Price

$202,450

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$32,299(-13.8%)

Key Takeaway

Homes in Jourdanton have sold for 13.8% less than they did a year ago.

Summary: The median home sold price in Jourdanton was $202,450 in April 2024, down 13.8% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$65K
N/A
2 $83.5K$106K
+26.9%
3 $234.7K$225K
-4.2%
4 $281.8K$348.5K
+23.6%
5+ --
N/A

Summary: Jourdanton 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 26.9%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes did not change.

Housing Supply in Jourdanton, TX

How many homes are available in Jourdanton, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2434+41.7%

Summary: The Jourdanton real estate market had 34 homes for sale in April 2024, a 41.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 12
+100.0%
3 1521
+40.0%
4 57
+40.0%
5+ 22
0.0%

Summary: The Jourdanton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Jourdanton in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Jourdanton, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
141 Days122 Days-13.8%

Summary: Homes in Jourdanton had an average of 122 days on market in Apr 2024, down by 13.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Jourdanton; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% 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 9 Days Ago

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