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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jewett is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Jewett was a Seller's Market.

Key Takeaway

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

Housing Prices in Jewett, TX

How much do homes in Jewett, TX cost?

Median Sold Price

$297,500

$2,466/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,500(+21.4%)

Key Takeaway

Homes in Jewett have sold for 21.4% more than they did a month ago.

Summary: The median home sold price in Jewett was $297,500 in November 2024, up 21.4% from last month, and the median price per square foot was $2,466.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K$480K
+95.9%
4 --
N/A
5+ -$115K
N/A

Summary: Jewett housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 95.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jewett, TX

How many homes are available in Jewett, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1415+7.1%

Summary: The Jewett real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 87
-12.5%
4 02
+100.0%
5+ 33
0.0%

Summary: The Jewett housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jewett, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Jewett in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Jewett, TX

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

Average Sale Time

Oct 2024Nov 2024CHANGE
36 Days17 Days-52.8%

Summary: Homes in Jewett had an average of 17 days on market in Nov 2024, down by 52.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During November 2024, 2 homes were sold in Jewett; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Jewett, TX

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