Is Jasper Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Jasper Township has remained a Seller's Market.

Key Takeaway

Jasper Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jasper Township, MI

How much do homes in Jasper Township, MI cost?

Median Sold Price

$145,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$47,700(-24.8%)

Key Takeaway

Homes in Jasper Township have sold for 24.8% less than they did a year ago.

Summary: The median home sold price in Jasper Township was $145,000 in October 2024, down 24.8% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $81K$120K
+48.1%
3 $228K$165K
-27.6%
4 $264K-
N/A
5+ $380K$365K
-3.9%

Summary: Jasper Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.1%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 3.9%.

Housing Supply in Jasper Township, MI

How many homes are available in Jasper Township, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35+66.7%

Summary: The Jasper Township real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 12
+100.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Jasper Township housing inventory by bedroom type for October 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 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Jasper Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jasper Township, MI

How long does it take to sell a home in Jasper Township, MI?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days65 Days+81.9%

Summary: Homes in Jasper Township had an average of 65 days on market in Oct 2024, up by 81.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jasper Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Jasper Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Jasper Township, MI

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