Is Vance Jackson, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vance Jackson is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Vance Jackson, TX

How much do homes in Vance Jackson, TX cost?

Median Sold Price

$325,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,000(+4.8%)

Key Takeaway

Homes in Vance Jackson have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Vance Jackson was $325,000 in April 2024, up 4.8% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $137K$136.8K
-0.1%
2 $195K$185K
-5.1%
3 $315K$326K
+3.5%
4 $364.5K$381.6K
+4.7%
5+ $472K$612.5K
+29.8%

Summary: Vance Jackson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 29.8%.

Housing Supply in Vance Jackson, TX

How many homes are available in Vance Jackson, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7892+17.9%

Summary: The Vance Jackson real estate market had 92 homes for sale in April 2024, a 17.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 65
-16.7%
2 912
+33.3%
3 3740
+8.1%
4 2330
+30.4%
5+ 35
+66.7%

Summary: The Vance Jackson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1322+69.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vance Jackson, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Vance Jackson in April 2024, up by 69.2% month-over-month. Of the 22 sold homes, 73% were sold under asking, 0% were sold at asking, and 27% were sold over asking.

Days on Market for Vance Jackson, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
74 Days68 Days-8.0%

Summary: Homes in Vance Jackson had an average of 68 days on market in Apr 2024, down by 8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vance Jackson are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 22 homes were sold in Vance Jackson; 41% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 23% 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 1 Day Ago

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