JSFiddle - React, Tailwind, and code Playground

HTML

<input type="radio" class="status" name="status" checked="checked"   value="New" />New
<input type="radio" class="status" name="status"  value="Used" />Used

<select id="used" style="display: none">
    <option>Home Used Insurance1</option>
    <option>Home Used Insurance2</option>
</select>

<select id="new">
    <option>Home New Insurance1</option>
    <option>Home New Insurance2</option>
</select>

JavaScript

$(".status").change(function(){
   
    var $new = $("#new"),
        $used = $("#used");
    
    if( $(this).val() == "New" ){
        $new.show();
        $used.hide();
    } else {
        $new.hide();
        $used.show();        
    }
    
});