Is Black Jack, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Black Jack was a Seller's Market.
Key Takeaway
Black Jack is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Black Jack, MO
How much do homes in Black Jack, MO cost?
Median Sold Price
$203,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Black Jack have sold for 2% more than they did a year ago.
Summary: The median home sold price in Black Jack was $203,000 in May 2024, up 2% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $192K | N/A |
| 3 Bedrooms | $186K | $185K | -0.5% |
| 4 Bedrooms | $222.5K | $242K | +8.8% |
| 5+ Bedrooms | $219K | $264K | +20.5% |
Summary: Black Jack housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Cities
| Black Jack | $198.9K | $203K | +2.0% |
| Florissant | $175K | $172.2K | -1.6% |
| Spanish Lake Township | $195.2K | $177K | -9.4% |
| Ferguson Township | $132.6K | $112.6K | -15.1% |
Housing Supply in Black Jack, MO
How many homes are available in Black Jack, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Black Jack real estate market had 31 homes for sale in May 2024, a 6.9% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Black Jack 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 increased by 100%, 3 bedroom homes increased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Black Jack, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Black Jack in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Black Jack, MO
How long does it take to sell a home in Black Jack, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 48 Days | +70.3% |
Summary: Homes in Black Jack had an average of 48 days on market in May 2024, up by 70.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Black Jack are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Black Jack; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.