Is Jefferson Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jefferson Township has remained a Seller's Market.
Housing Prices in Jefferson Township, MO
How much do homes in Jefferson Township, MO cost?
Median Sold Price
$209,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jefferson Township was $209,500 in March 2024, up 1.5% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $110K | +15.8% |
2 Bedrooms | $133K | $151.2K | +13.7% |
3 Bedrooms | $185K | $225K | +21.6% |
4 Bedrooms | $255K | $235K | -7.8% |
5+ Bedrooms | $294K | $285K | -3.1% |
Summary: Jefferson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 21.6%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
Jefferson City | $207.2K | $215K | +3.7% |
Jefferson Township | $206.5K | $209.5K | +1.5% |
Housing Supply in Jefferson Township, MO
How many homes are available in Jefferson Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The Jefferson Township real estate market had 29 homes for sale in March 2024, a 31.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Jefferson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Jefferson Township in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Jefferson Township, MO
How long does it take to sell a home in Jefferson Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 11 Days | -56.9% |
Summary: Homes in Jefferson Township had an average of 11 days on market in Mar 2024, down by 56.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Jefferson Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.