Is Jackson No. 1 Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson No. 1 Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Jackson No. 1 Township has remained a Seller's Market.

Key Takeaway

Jackson No. 1 Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jackson No. 1 Township, MO

How much do homes in Jackson No. 1 Township, MO cost?

Median Sold Price

$255,950

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,200(+7.2%)

Key Takeaway

Homes in Jackson No. 1 Township have sold for 7.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $195K$178K
-8.7%
3 $230K$257K
+11.7%
4 $335K$340K
+1.5%
5+ $459K-
N/A

Summary: Jackson No. 1 Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jackson No. 2 Township
+8.7%
Jackson No. 1 Township
+7.2%
Fair Grove
+6.1%
Sheridan Township
+0.8%

Housing Supply in Jackson No. 1 Township, MO

How many homes are available in Jackson No. 1 Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1514-6.7%

Summary: The Jackson No. 1 Township real estate market had 14 homes for sale in March 2024, a 6.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1312
-7.7%
4 11
0.0%
5+ 11
0.0%

Summary: The Jackson No. 1 Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson No. 1 Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jackson No. 1 Township in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Jackson No. 1 Township, MO

How long does it take to sell a home in Jackson No. 1 Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
10 Days88 Days+742.9%

Summary: Homes in Jackson No. 1 Township had an average of 88 days on market in Mar 2024, up by 742.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jackson No. 1 Township has remained consistent over time.

Summary: During March 2024, 4 homes were sold in Jackson No. 1 Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Jackson No. 1 Township, MO

Nearby Markets to Jackson No. 1 Township, MO