Is Jersey Village, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jersey Village is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Jersey Village, TX

How much do homes in Jersey Village, TX cost?

Median Sold Price

$411,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,250(+2.0%)

Key Takeaway

Homes in Jersey Village have sold for 2% more than they did a year ago.

Summary: The median home sold price in Jersey Village was $411,000 in October 2024, up 2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $345.1K$295K
-14.5%
3 $345K$394.5K
+14.3%
4 $407K$470K
+15.5%
5+ $565K$503K
-11.0%

Summary: Jersey Village 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 14.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 11%.

Median Sold Price Compared To Nearby Cities

Houston
+2.5%
Jersey Village
+2.0%

Housing Supply in Jersey Village, TX

How many homes are available in Jersey Village, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3031+3.3%

Summary: The Jersey Village real estate market had 31 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 1616
0.0%
5+ 45
+25.0%

Summary: The Jersey Village 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 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 Jersey Village, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Jersey Village in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jersey Village, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days85 Days+332.7%

Summary: Homes in Jersey Village had an average of 85 days on market in Oct 2024, up by 332.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Jersey Village; 33% of homes were sold within 30 days, 33% 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 20 Days Ago

Newest Listings in Jersey Village, TX

Nearby Markets to Jersey Village, TX

What housing markets are near Jersey Village, TX?