Is Jefferson 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, 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
$219,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson Township was $219,000 in May 2024, up 5.3% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $113K | +10.2% |
2 Bedrooms | $136.7K | $151.2K | +10.6% |
3 Bedrooms | $200K | $225.5K | +12.8% |
4 Bedrooms | $239.9K | $287.4K | +19.8% |
5+ Bedrooms | $289.5K | $325K | +12.3% |
Summary: Jefferson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
Liberty Township | $230K | $280.7K | +22.1% |
Jefferson Township | $208K | $219K | +5.3% |
Jefferson City | $209.9K | $219K | +4.3% |
Housing Supply in Jefferson Township, MO
How many homes are available in Jefferson Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Summary: The Jefferson Township real estate market had 39 homes for sale in May 2024, a 2.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 16 | 11 | -31.3% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Jefferson 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Jefferson Township in May 2024, up by 75.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 9 Days | +68.7% |
Summary: Homes in Jefferson Township had an average of 9 days on market in May 2024, up by 68.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Jefferson Township; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.