Is Jackson Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Jackson Township has remained a Seller's Market.

Key Takeaway

Jackson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jackson Township, MO

How much do homes in Jackson Township, MO cost?

Median Sold Price

$255,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$22,450(-8.1%)

Key Takeaway

Homes in Jackson Township have sold for 8.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $280K$181K
-35.4%
3 $267.5K$275K
+2.8%
4 $504.9K$249.7K
-50.5%
5+ $340K-
N/A

Summary: Jackson Township 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 decreased by 35.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 50.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sheridan Township
+5.7%
Jackson Township
-8.1%

Housing Supply in Jackson Township, MO

How many homes are available in Jackson Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
95116+22.1%

Summary: The Jackson Township real estate market had 116 homes for sale in May 2024, a 22.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 5477
+42.6%
4 2727
0.0%
5+ 98
-11.1%

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 20%, 3 bedroom homes increased by 42.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2538+52.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 38 homes were sold or pending in Jackson Township in May 2024, up by 52.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

May 2023May 2024CHANGE
36 Days48 Days+34.0%

Summary: Homes in Jackson Township had an average of 48 days on market in May 2024, up by 34% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jackson Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 38 homes were sold in Jackson Township; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% 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 16 Days Ago

Newest Listings in Jackson Township, MO

Nearby Markets to Jackson Township, MO