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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Jefferson Township, MO cost?

Median Sold Price

$370,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$9,880(+2.7%)

Key Takeaway

Homes in Jefferson Township have sold for 2.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $150K$179K
+19.3%
2 $230K$259.9K
+13.0%
3 $351K$370K
+5.4%
4 $525K$550K
+4.8%
5+ $736.5K$842.5K
+14.4%

Median Sold Price Compared To Nearby Cities

Rock Hill
+14.0%
Shrewsbury
+8.9%
Glendale
+3.9%
Webster Groves
+3.1%
Jefferson Township
+2.7%

How many homes are available in Jefferson Township, MO?

Number of Homes For Sale

Oct 2022Nov 2022%
11799-15.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 2625
-3.8%
3 5036
-28.0%
4 3028
-6.7%
5+ 1110
-9.1%

Number of Homes Sold

Oct 2022Nov 2022%
3942+7.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson Township, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
22 Days24 Days+7.9%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Jefferson Township, MO

Jefferson Township, MO has 99 homes on the market. The inventory of homes for sale in Jefferson Township, MO between October 2022 and November 2022 decreased by 15.4%. In November 2022 median list price was $370,000 and the average listing age was 24 days. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties became 19.3% more expensive, prices of 2 bedrooms properties increased by 13%, 3 bedrooms properties became 5.4% more expensive, prices of 4 bedrooms properties increased by 4.8%, 5 bedrooms properties prices increased by 14.4%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went down by 3.8%, 3 bedrooms homes inventory decreased by 28%, 4 bedrooms homes inventory decreased by 6.7%, the quantity of 5 bedrooms homes went down by 9.1%. While more than 17 listings in Jefferson Township, MO in November 2022 were sold above asking price, there were more than 8 listings sold at asking price, and more than 17 were sold below.

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