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 June 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

$275,000

-

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$2,450(-0.9%)

Key Takeaway

Homes in Jackson Township have sold for 0.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $280K$181K
-35.4%
3 $267.5K$275K
+2.8%
4 $479.9K$317.5K
-33.8%
5+ $410K-
N/A

Summary: Jackson Township housing prices by bedroom type for June 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 33.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Benton Township
+20.5%
Jackson Township
-0.9%

Housing Supply in Jackson Township, MO

How many homes are available in Jackson Township, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
117106-9.4%

Summary: The Jackson Township real estate market had 106 homes for sale in June 2024, a 9.4% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 7870
-10.3%
4 2723
-14.8%
5+ 88
0.0%

Summary: The Jackson Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
3920-48.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Jackson Township in June 2024, down by 48.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Jun 2023Jun 2024CHANGE
26 Days23 Days-13.1%

Summary: Homes in Jackson Township had an average of 23 days on market in Jun 2024, down by 13.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 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 June 2024, 20 homes were sold in Jackson Township; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

Newest Listings in Jackson Township, MO

Nearby Markets to Jackson Township, MO