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
$272,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jackson Township was $272,000 in May 2024, up 36.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | - | N/A |
2 Bedrooms | $127.4K | $220.8K | +73.3% |
3 Bedrooms | $225K | $242K | +7.6% |
4 Bedrooms | $196K | $459K | +134.2% |
5+ Bedrooms | $434.9K | $412.7K | -5.1% |
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 increased by 73.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 134.2%, and 5+ bedroom homes decreased by 5.1%.
Median Sold Price Compared To Nearby Cities
Jackson Township | $199K | $272K | +36.7% |
Carthage | $173.5K | $205.6K | +18.5% |
Union Township | $256.5K | $297.5K | +16.0% |
Duenweg | $191.1K | $181.2K | -5.2% |
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 |
---|---|---|
118 | 131 | +11.0% |
Summary: The Jackson Township real estate market had 131 homes for sale in May 2024, a 11.0% 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 | 6 | 5 | -16.7% |
3 Bedrooms | 71 | 85 | +19.7% |
4 Bedrooms | 30 | 31 | +3.3% |
5+ Bedrooms | 11 | 10 | -9.1% |
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 16.7%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 41 | +17.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Jackson Township in May 2024, up by 17.1% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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 |
---|---|---|
40 Days | 55 Days | +39.6% |
Summary: Homes in Jackson Township had an average of 55 days on market in May 2024, up by 39.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Jackson Township; 49% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.