Josephine, TX Housing Market: 268 Homes Sold (September 2025 to September 2026)

Q: What does the typical Josephine home cost?

The typical Josephine home sold for $268,490 (about $147 per square foot) over the last twelve months.

Q: How fast do homes sell in Josephine?

The typical Josephine home went under contract in 55 days; 9.7% sold within the first week.

Q: Is it cheaper to rent or buy in Josephine?

The median Josephine lease ran $1,900/month this year; principal and interest on the median $268,490 home is roughly $1,527/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 55 days to find a buyer.

Josephine market at a glance

Homes sold (12 months): 268
Median sale price: $268,490 (about $1,527/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $147
Median days on market (list to contract): 55; 9.7% went under contract within a week
Sold over asking: 10.1% · Sold under asking: 74.6%
Typical home: 4 bed, 1,894 sqft, built 2025, mostly Community ISD
Price range of sales: $127,500 – $535,000
On the market right now: 131 active listings, 19 under contract, 5.9 months of supply, median asking $274,990
How buyers paid: Conventional 31.7%, FHA 41%, VA 8.2%, Cash 9%, Other 10.1%
Seller contributions: 86.2% of sellers chipped in, typically $8,000
Contract to close: about 31 days
Median rent (same home types, 73 closed leases): $1,900/month. Owning the median home runs about $1,527/month principal & interest with 10% down
HOA: 88.4% of sales had a mandatory HOA, typically $45/month
New construction: 78% of sales, median $271,990 vs $257,000 resale

Five-year price history in Josephine

Median sale price by quarter: 2022 Q1: $273,470 · 2023 Q1: $324,500 · 2024 Q1: $269,490 · 2025 Q1: $275,670 · 2026 Q1: $267,500 · 2026 Q3: $273,490.

Median price by elementary school zone

Mcclendon: 106 sales, median $251,990, $155/sqft
Mildred B. Ellis: 100 sales, median $273,245, $140/sqft
John & Barbara Roderick: 53 sales, median $280,000, $142/sqft
Nesmith: 8 sales, median $269,496, $162/sqft

Pricing right vs. cutting the price in Josephine

Sellers who held their original asking price sold in 21 days at 95.5% of ask. Sellers who overpriced and later cut took 77 days and kept 89.2% of the original ask, roughly $18,800 left on the table on a typical Josephine listing.

Most active Josephine neighborhoods

Waverly Estates: 90 sales, median $276,490, 60 days on market
Riverfield: 89 sales, median $240,990, 42 days on market
High Meadow Estates Ph II: 10 sales, median $483,950, 91 days on market
Murray Manor Estates: 10 sales, median $358,900, 134 days on market

Nearby markets

McKinney · Plano · Princeton · Celina · Allen · Anna · Wylie · Prosper

Common questions

Is now a good time to buy in Josephine? Buyers hold the cards: most homes sell under asking and take about 55 days to find a buyer.

What does the typical Josephine home cost? $268,490, about $147 per square foot, or roughly $1,527/month with 10% down before taxes and insurance.

How fast do homes sell in Josephine? The typical home went under contract in 55 days; 9.7% sold within the first week.

Is it cheaper to rent or buy in Josephine? The median Josephine lease ran $1,900/month this year, while principal and interest on the median $268,490 home is roughly $1,527/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.