Josephine, TX Housing Market — 265 Homes Sold (September 2025 – September 2026)

Q: What does the typical Josephine home cost?

The typical Josephine home sold for $266,990 (about $149 per square foot) over the last twelve months.

Q: How fast do homes sell in Josephine?

The typical Josephine home went under contract in 52 days; 8.7% 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 $266,990 home is roughly $1,519/month with 10% down.

Buyers hold the cards: most homes sell under asking and take about 52 days to find a buyer.

Josephine market at a glance

Homes sold (12 months): 265
Median sale price: $266,990 (about $1,519/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $149
Median days on market (list to contract): 52; 8.7% went under contract within a week
Sold over asking: 9.8% · Sold under asking: 75.1%
Typical home: 4 bed, 1,875 sqft, built 2025, mostly Community ISD
Price range of sales: $175,000 – $527,571
On the market right now: 126 active listings, 23 under contract, 5.7 months of supply, median asking $277,490
How buyers paid: Conventional 28.7%, FHA 46.8%, VA 8.3%, Cash 7.9%, Other 8.3%
Seller contributions: 87.2% of sellers chipped in, typically $8,000
Contract to close: about 31 days
Median rent (same home types, 62 closed leases): $1,900/month — owning the median home runs about $1,519/month principal & interest with 10% down
HOA: 89.8% of sales had a mandatory HOA, typically $45/month
New construction: 76.6% of sales, median $270,490 vs $256,750 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: $264,060.

Median price by elementary school zone

Mcclendon: 109 sales, median $251,490, $156/sqft
Mildred B. Ellis: 92 sales, median $273,245, $141/sqft
John & Barbara Roderick: 56 sales, median $278,490, $143/sqft

Pricing right vs. cutting the price in Josephine

Sellers who held their original asking price sold in 22 days at 95.2% of ask. Sellers who overpriced and later cut took 69 days and kept 89.7% of the original ask — roughly $16,300 left on the table on a typical Josephine listing.

Most active Josephine neighborhoods

Waverly Estates: 96 sales, median $275,837, 52 days on market
Riverfield: 83 sales, median $244,000, 41 days on market
High Meadow Estates Ph II: 10 sales, median $483,950, 91 days on market
Magnolia Ph 3: 9 sales, median $255,000, 27 days on market
Murray Manor Estates: 9 sales, median $359,900, 93 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 52 days to find a buyer.

What does the typical Josephine home cost? $266,990 — about $149 per square foot, or roughly $1,519/month with 10% down before taxes and insurance.

How fast do homes sell in Josephine? The typical home went under contract in 52 days; 8.7% 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 $266,990 home is roughly $1,519/month with 10% down, before taxes and insurance.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.