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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jasper Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Jasper Township, MO

How much do homes in Jasper Township, MO cost?

Median Sold Price

$125,400

$91/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$39,900(+46.7%)

Key Takeaway

Homes in Jasper Township have sold for 46.7% more than they did a month ago.

Summary: The median home sold price in Jasper Township was $125,400 in May 2024, up 46.7% from last month, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $85.5K$125.4K
+46.7%
4 -$160K
N/A
5+ --
N/A

Summary: Jasper Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 46.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jasper Township, MO

How many homes are available in Jasper Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1314+7.7%

Summary: The Jasper Township real estate market had 14 homes for sale in May 2024, a 7.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 98
-11.1%
4 33
0.0%
5+ 00
0.0%

Summary: The Jasper 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 200%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Jasper Township in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Apr 2024May 2024CHANGE
105 Days145 Days+37.8%

Summary: Homes in Jasper Township had an average of 145 days on market in May 2024, up by 37.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jasper Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 3 homes were sold in Jasper Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 Jasper Township, MO

Nearby Markets to Jasper Township, MO

What housing markets are near Jasper Township, MO?