$2,708 Closing Credit*
$228,000
890 SqFt
1 Bed
•1 Full Bath
ALFONSO J MARTINEZ, Listing Office: 1ST DOMINION REALTY INC-CHARLOTTESVILLE
Is Jack Jouett, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$398,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$42,000(-9.5%)
Key Takeaway
Homes in Jack Jouett have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in Jack Jouett was $398,000 in November 2024, down 9.5% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.9K | $170K | -5.5% |
| 2 Bedrooms | $210K | $248.2K | +18.2% |
| 3 Bedrooms | $425K | $389.9K | -8.2% |
| 4 Bedrooms | $564.9K | $770K | +36.3% |
| 5+ Bedrooms | $1.8M | $2.1M | +18.1% |
Summary: Jack Jouett housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes increased by 18.1%.
Median Sold Price Compared To Nearby Cities
| White Hall | $541.2K | $595.2K | +10.0% |
| Charlottesville | $490.1K | $535.8K | +9.3% |
| Charlottesville | $490.9K | $536K | +9.2% |
| Rio | $465K | $479K | +3.0% |
| Jack Jouett | $440K | $398K | -9.5% |
Housing Supply in Jack Jouett, VA
How many homes are available in Jack Jouett, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Summary: The Jack Jouett real estate market had 28 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Jack Jouett housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jack Jouett, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Jack Jouett in November 2024, up by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 38 Days | +54.8% |
Summary: Homes in Jack Jouett had an average of 38 days on market in Nov 2024, up by 54.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jack Jouett are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Jack Jouett; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
