Is Jackson Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Jackson Township has remained a Seller's Market.
Housing Prices in Jackson Township, MO
How much do homes in Jackson Township, MO cost?
Median Sold Price
$385,000
-
Based on all homes sold in May 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $445K | N/A |
3 Bedrooms | $367K | $325K | -11.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Jackson Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Jackson Township | $367K | $385K | +4.9% |
Elkland | $358.4K | $325K | -9.3% |
Housing Supply in Jackson Township, MO
How many homes are available in Jackson Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
92 | 110 | +19.6% |
Summary: The Jackson Township real estate market had 110 homes for sale in May 2024, a 19.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 52 | 73 | +40.4% |
4 Bedrooms | 26 | 25 | -3.8% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Jackson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 40.4%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 38 | +46.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Jackson Township in May 2024, up by 46.2% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Jackson Township, MO
How long does it take to sell a home in Jackson Township, MO?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 Days | 50 Days | -23.7% |
Summary: Homes in Jackson Township had an average of 50 days on market in May 2024, down by 23.7% compared to last month.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in Jackson Township; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.