$7,719 Closing Credit*
$650,000
1,617 SqFt
2 Beds
•2 Full Baths
LORI MEISTRELL, Listing Office: NEST REALTY GROUP
Is Jack Jouett, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Jack Jouett has remained a Seller's Market.
Key Takeaway
Jack Jouett is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jack Jouett, VA
How much do homes in Jack Jouett, VA cost?
Median Sold Price
$396,450
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$43,550(-9.9%)
Key Takeaway
Homes in Jack Jouett have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Jack Jouett was $396,450 in October 2024, down 9.9% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $154.9K | $170K | +9.7% |
| 2 Bedrooms | $197.5K | $235K | +19.0% |
| 3 Bedrooms | $417.5K | $394.9K | -5.4% |
| 4 Bedrooms | $570K | $730K | +28.1% |
| 5+ Bedrooms | $1.7M | $1.2M | -28.2% |
Summary: Jack Jouett housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes decreased by 28.2%.
Median Sold Price Compared To Nearby Cities
| Charlottesville | $489.9K | $532.1K | +8.6% |
| Charlottesville | $490.3K | $532K | +8.5% |
| White Hall | $549.9K | $577.9K | +5.1% |
| Rio | $475K | $472.3K | -0.6% |
| Jack Jouett | $440K | $396.4K | -9.9% |
Housing Supply in Jack Jouett, VA
How many homes are available in Jack Jouett, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The Jack Jouett real estate market had 30 homes for sale in October 2024, a 11.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The Jack Jouett housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jack Jouett, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Jack Jouett in October 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Jack Jouett, VA
How long does it take to sell a home in Jack Jouett, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 16 Days | -30.1% |
Summary: Homes in Jack Jouett had an average of 16 days on market in Oct 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jack Jouett are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Jack Jouett; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.