Jordan Real Estate Market Report: October 2024
In October 2024, the median sale price in Jordan was $467,860, up 9.7% from a year earlier.
- Median Sales Price
- $467,860
- +9.7% vs. October 2023
- Homes for Sale
- 25
- -28.6% vs. October 2023
- Months Supply
- 2.3
- -50% vs. October 2023
- Seller's market
- Days on Market
- 29
- -61.3% vs. October 2023
- Closed Sales
- 19
- +58.3% vs. October 2023
- Percent of Original List Received
- 98.8%
- +3.7 pts vs. October 2023
What this means
The median sale price has increased by 10% from last year to $467,860, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling.
Homes are selling 46 days more quickly than last year, averaging 29 days on market, and sellers are receiving 98.8% of their original asking price.
The area is currently a seller's market with 2.3 months of supply. Active inventory is down 29% from last year to 25 homes for sale.
In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.
Common questions about the Jordan market
Is Jordan a buyer's or seller's market?
Jordan was a seller's market in October 2024, with 2.3 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 25 homes for sale.
How fast are homes selling in Jordan?
Homes that sold in October 2024 spent an average of 29 days on market, 46 days faster than a year earlier. Sellers received 98.8% of their original list price on average.
Are home prices going up in Jordan?
Yes. The median sale price rose 9.7% year over year to $467,860. Price per square foot moved in the same direction (from $190 to $212), which suggests a real change in values rather than a shift in the mix of homes sold.
Market trends in Jordan
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| September 2023 | $389,950 | 8 | 28 | 4.4 |
| October 2023 | $426,450 | 12 | 75 | 4.6 |
| November 2023 | $375,000 | 9 | 72 | 4 |
| December 2023 | $412,483 | 8 | 113 | 3.7 |
| January 2024 | $424,990 | 5 | 78 | 4 |
| February 2024 | $449,000 | 7 | 46 | 3.6 |
| March 2024 | $372,500 | 6 | 37 | 3.7 |
| April 2024 | $319,635 | 7 | 82 | 3.3 |
| May 2024 | $398,118 | 16 | 76 | 3.8 |
| June 2024 | $373,400 | 7 | 39 | 3.9 |
| July 2024 | $300,000 | 9 | 23 | 4 |
| August 2024 | $388,788 | 18 | 55 | 3.6 |
| September 2024 | $396,995 | 16 | 60 | 3 |
| October 2024 | $467,860 | 19 | 29 | 2.3 |
How Jordan compares with the Twin Cities region
In October 2024, the median sale price in Twin Cities (16-County Region) was $381,950.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published October 21, 2026.
Report published .
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