Is Jack Jouett, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jack Jouett is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jack Jouett has remained a Seller's Market.

Key Takeaway

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

How much do homes in Jack Jouett, VA cost?

Median Sold Price

$960,000

$221/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$778,500(+428.9%)

Key Takeaway

Homes in Jack Jouett have sold for 428.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $176.7K$173K
-2.1%
3 $523.5K-
N/A
4 -$960K
N/A
5+ -$1.7M
N/A

Median Sold Price Compared To Nearby Cities

Jack Jouett
+428.9%
Rio
+18.4%
White Hall
+10.0%
Charlottesville
+5.5%
Charlottesville
0.0%

How many homes are available in Jack Jouett, VA?

Number of Homes For Sale

Oct 2022Nov 2022%
3326-21.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 02
+100.0%
2 117
-36.4%
3 52
-60.0%
4 97
-22.2%
5+ 88
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
97-22.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jack Jouett, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
27 Days73 Days+171.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jack Jouett has remained consistent over time.

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

About Jack Jouett, VA

Homes for sale in Jack Jouett, VA have reached 26. The number of listings in Jack Jouett, VA decreased by 21.2% between October 2022 and November 2022. In November 2022, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $960,000. Between November 2021 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 2.1% more cheaper, prices of 3 bedrooms properties increased by 0%, the cost of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: volume of 1 bedroom homes went up by 100%, volume of 2 bedrooms homes went down by 36.4%, number of 3 bedrooms homes decreased by 60%, number of 4 bedrooms homes decreased by 22.2%, 5 bedrooms homes inventory did not change. In November 2022, from all listings sold in Jack Jouett, VA there were more than 0 sold above asking price, over 7 sold below and more than 0 were sold right at the asked price.

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