Is Jefferson Township, 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 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
$407,888
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson Township was $407,888 in April 2024, up 10% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203K | $137.5K | -32.3% |
2 Bedrooms | $261K | $284K | +8.8% |
3 Bedrooms | $370K | $410K | +10.8% |
4 Bedrooms | $556K | $628K | +12.9% |
5+ Bedrooms | $845K | $850K | +0.6% |
Summary: Jefferson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Glendale | $450K | $555K | +23.3% |
Shrewsbury | $245K | $280.2K | +14.4% |
Webster Groves | $360K | $401K | +11.4% |
Jefferson Township | $370.9K | $407.8K | +10.0% |
Rock Hill | $275K | $288.5K | +4.9% |
Housing Supply in Jefferson Township, MO
How many homes are available in Jefferson Township, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 105 | +9.4% |
Summary: The Jefferson Township real estate market had 105 homes for sale in April 2024, a 9.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 29 | 28 | -3.4% |
3 Bedrooms | 30 | 40 | +33.3% |
4 Bedrooms | 25 | 21 | -16.0% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The Jefferson Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Jefferson Township in April 2024, up by 3.0% month-over-month. Of the 34 sold homes, 29% were sold under asking, 18% were sold at asking, and 53% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 23 Days | +60.1% |
Summary: Homes in Jefferson Township had an average of 23 days on market in Apr 2024, up by 60.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Jefferson Township; 76% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.