Is Jackson Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jackson Township has remained a Seller's Market.
Housing Prices in Jackson Township, MO
How much do homes in Jackson Township, MO cost?
Median Sold Price
$255,000
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $280K | $181K | -35.4% |
3 Bedrooms | $267.5K | $275K | +2.8% |
4 Bedrooms | $504.9K | $249.7K | -50.5% |
5+ Bedrooms | $340K | - | N/A |
Summary: Jackson Township housing prices by bedroom type for May 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 50.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sheridan Township | $305K | $322.5K | +5.7% |
Jackson Township | $277.4K | $255K | -8.1% |
Housing Supply in Jackson Township, MO
How many homes are available in Jackson Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
95 | 116 | +22.1% |
Summary: The Jackson Township real estate market had 116 homes for sale in May 2024, a 22.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 54 | 77 | +42.6% |
4 Bedrooms | 27 | 27 | 0.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Jackson 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 decreased by 20%, 3 bedroom homes increased by 42.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 38 | +52.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Jackson Township in May 2024, up by 52.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 48 Days | +34.0% |
Summary: Homes in Jackson Township had an average of 48 days on market in May 2024, up by 34% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in Jackson Township; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.