Is Jefferson Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jefferson Township has remained a Seller's Market.
Housing Prices in Jefferson Township, MO
How much do homes in Jefferson Township, MO cost?
Median Sold Price
$405,200
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson Township was $405,200 in May 2024, up 8.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $137.5K | -34.5% |
2 Bedrooms | $261K | $283K | +8.4% |
3 Bedrooms | $375K | $410K | +9.3% |
4 Bedrooms | $537K | $639K | +19.0% |
5+ Bedrooms | $830K | $862K | +3.9% |
Summary: Jefferson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.5%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
Glendale | $465K | $555K | +19.4% |
Webster Groves | $359.3K | $402.3K | +12.0% |
Jefferson Township | $373.3K | $405.2K | +8.5% |
Shrewsbury | $255K | $276K | +8.2% |
Rock Hill | $275K | $290K | +5.5% |
Housing Supply in Jefferson Township, MO
How many homes are available in Jefferson Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
102 | 134 | +31.4% |
Summary: The Jefferson Township real estate market had 134 homes for sale in May 2024, a 31.4% 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 | 28 | 36 | +28.6% |
3 Bedrooms | 36 | 49 | +36.1% |
4 Bedrooms | 24 | 34 | +41.7% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The Jefferson 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 increased by 28.6%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 43 | +13.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Jefferson Township in May 2024, up by 13.2% month-over-month. Of the 43 sold homes, 26% were sold under asking, 14% were sold at asking, and 60% were sold over asking.
Days on Market for Jefferson Township, MO
How long does it take to sell a home in Jefferson Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 14 Days | +36.0% |
Summary: Homes in Jefferson Township had an average of 14 days on market in May 2024, up by 36% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Jefferson Township; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.