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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jourdanton is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Jourdanton, TX

How much do homes in Jourdanton, TX cost?

Median Sold Price

$197,500

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$40,000(-16.8%)

Key Takeaway

Homes in Jourdanton have sold for 16.8% less than they did a year ago.

Summary: The median home sold price in Jourdanton was $197,500 in May 2024, down 16.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$65K
N/A
2 $124K$112K
-9.7%
3 $234.7K$230K
-2.0%
4 $301.6K$348.5K
+15.5%
5+ --
N/A

Summary: Jourdanton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 15.5%, 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

Apr 2024May 2024CHANGE
3235+9.4%

Summary: The Jourdanton real estate market had 35 homes for sale in May 2024, a 9.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 22
0.0%
3 2021
+5.0%
4 69
+50.0%
5+ 22
0.0%

Summary: The Jourdanton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jourdanton, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Jourdanton in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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

May 2023May 2024CHANGE
42 Days56 Days+33.9%

Summary: Homes in Jourdanton had an average of 56 days on market in May 2024, up by 33.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Jourdanton; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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