Is Johnson Ranch, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson Ranch is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Johnson Ranch has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Johnson Ranch, TX

How much do homes in Johnson Ranch, TX cost?

Median Sold Price

$440,000

$201/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$344,283(-43.9%)

Key Takeaway

Homes in Johnson Ranch have sold for 43.9% less than they did a month ago.

Summary: The median home sold price in Johnson Ranch was $440,000 in November 2024, down 43.9% from last month, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$319.9K
N/A
4 $784.2K$475K
-39.4%
5+ --
N/A

Summary: Johnson Ranch 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 did not change, 4 bedroom homes decreased by 39.4%, and 5+ bedroom homes did not change.

Housing Supply in Johnson Ranch, TX

How many homes are available in Johnson Ranch, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3638+5.6%

Summary: The Johnson Ranch real estate market had 38 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 2628
+7.7%
5+ 34
+33.3%

Summary: The Johnson Ranch 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 14.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were 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 Johnson Ranch, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Johnson Ranch in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Johnson Ranch, TX

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

Average Sale Time

Oct 2024Nov 2024CHANGE
60 Days66 Days+11.3%

Summary: Homes in Johnson Ranch had an average of 66 days on market in Nov 2024, up by 11.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Johnson Ranch has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Johnson Ranch; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 3 Days Ago

Newest Listings in Johnson Ranch, TX

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