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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Jasper Township was a Seller's Market.

Key Takeaway

Jasper Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jasper Township, MO

How much do homes in Jasper Township, MO cost?

Median Sold Price

$199,950

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,950(+8.1%)

Key Takeaway

Homes in Jasper Township have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Jasper Township was $199,950 in March 2024, up 8.1% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $93.4K$110K
+17.7%
2 $173K$148.5K
-14.2%
3 $169.2K$190K
+12.3%
4 $230K$422.5K
+83.7%
5+ $429.9K$305K
-29.1%

Summary: Jasper Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.7%, 2 bedroom homes decreased by 14.2%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 83.7%, and 5+ bedroom homes decreased by 29.1%.

Median Sold Price Compared To Nearby Cities

Jasper Township
+8.1%
Merriam Woods
+5.8%
Saddlebrooke
-14.5%

Housing Supply in Jasper Township, MO

How many homes are available in Jasper Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3340+21.2%

Summary: The Jasper Township real estate market had 40 homes for sale in March 2024, a 21.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2226
+18.2%
4 24
+100.0%
5+ 33
0.0%

Summary: The Jasper 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 increased by 16.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

5 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 Jasper Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Jasper Township in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Jasper Township, MO

How long does it take to sell a home in Jasper Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
63 Days70 Days+10.5%

Summary: Homes in Jasper Township had an average of 70 days on market in Mar 2024, up by 10.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Jasper Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 24 Days Ago

Newest Listings in Jasper Township, MO

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