Is Jasper County, 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, Jasper County has remained a Seller's Market.
Housing Prices in Jasper County, MO
How much do homes in Jasper County, MO cost?
Median Sold Price
$188,279
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jasper County was $188,279 in May 2024, up 7.6% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | $55K | +10.0% |
2 Bedrooms | $99.7K | $117.1K | +17.5% |
3 Bedrooms | $178K | $190.1K | +6.8% |
4 Bedrooms | $277.9K | $298K | +7.2% |
5+ Bedrooms | $360K | $406.7K | +13.0% |
Summary: Jasper County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Counties
Cherokee County | $89.9K | $111.3K | +23.7% |
Barton County | $127K | $147K | +15.7% |
Jasper County | $175K | $188.2K | +7.6% |
Newton County | $175.1K | $185.8K | +6.1% |
Lawrence County | $170.3K | $172.3K | +1.2% |
Housing Supply in Jasper County, MO
How many homes are available in Jasper County, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
684 | 718 | +5.0% |
Summary: The Jasper County real estate market had 718 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 126 | 136 | +7.9% |
3 Bedrooms | 354 | 368 | +4.0% |
4 Bedrooms | 138 | 142 | +2.9% |
5+ Bedrooms | 59 | 63 | +6.8% |
Summary: The Jasper County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 6.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
166 | 166 | 0.0% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Summary: A total of 166 homes were sold or pending in Jasper County in May 2024, the same as the previous month. Of the 164 sold homes, 38% were sold under asking, 30% were sold at asking, and 32% were sold over asking.
Days on Market for Jasper County, MO
How long does it take to sell a home in Jasper County, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 61 Days | -0.1% |
Summary: Homes in Jasper County had an average of 61 days on market in May 2024, down by 0.1% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
96 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During May 2024, 166 homes were sold in Jasper County; 23% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.