Is Jefferson Heights, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Heights is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Jefferson Heights, TX

How much do homes in Jefferson Heights, TX cost?

Median Sold Price

$157,500

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$70,500(-30.9%)

Key Takeaway

Homes in Jefferson Heights have sold for 30.9% less than they did a year ago.

Summary: The median home sold price in Jefferson Heights was $157,500 in October 2024, down 30.9% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $131K-
N/A
2 $145K$100.7K
-30.5%
3 $269.9K$164K
-39.2%
4 $240K$256K
+6.7%
5+ --
N/A

Summary: Jefferson Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.5%, 3 bedroom homes decreased by 39.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Harvard Place - Eastlawn
-15.2%
Jefferson Heights
-30.9%

Housing Supply in Jefferson Heights, TX

How many homes are available in Jefferson Heights, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3843+13.2%

Summary: The Jefferson Heights real estate market had 43 homes for sale in October 2024, a 13.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1313
0.0%
3 2226
+18.2%
4 34
+33.3%
5+ 00
0.0%

Summary: The Jefferson Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Jefferson Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Jefferson Heights in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jefferson Heights, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days46 Days-37.6%

Summary: Homes in Jefferson Heights had an average of 46 days on market in Oct 2024, down by 37.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jefferson Heights has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Jefferson Heights; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Jefferson Heights, TX

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