Is Jefferson City, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jefferson City has remained a Seller's Market.
Housing Prices in Jefferson City, MO
How much do homes in Jefferson City, MO cost?
Median Sold Price
$219,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson City was $219,000 in April 2024, up 4.3% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $111.5K | +8.8% |
2 Bedrooms | $136.7K | $151.2K | +10.6% |
3 Bedrooms | $193.5K | $225K | +16.3% |
4 Bedrooms | $255K | $252.5K | -1.0% |
5+ Bedrooms | $290K | $415K | +43.1% |
Summary: Jefferson City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 43.1%.
Median Sold Price Compared To Nearby Cities
Jefferson City | $209.9K | $219K | +4.3% |
Jefferson Township | $209.2K | $217K | +3.7% |
Summit Township | $273.9K | $275K | 0.4% |
Housing Supply in Jefferson City, MO
How many homes are available in Jefferson City, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 41 | +10.8% |
Summary: The Jefferson City real estate market had 41 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Jefferson City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Jefferson City in April 2024, down by 38.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Jefferson City, MO
How long does it take to sell a home in Jefferson City, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 4 Days | -75.6% |
Summary: Homes in Jefferson City had an average of 4 days on market in Apr 2024, down by 75.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Jefferson City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.