Is Black Jack, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Black Jack is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Black Jack was a Neutral Market.

Key Takeaway

Black Jack is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Black Jack, MO

How much do homes in Black Jack, MO cost?

Median Sold Price

$225,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+12.5%)

Key Takeaway

Homes in Black Jack have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Black Jack was $225,000 in November 2024, up 12.5% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $192K$395K
+105.7%
3 $182.5K$196K
+7.4%
4 $226.2K$250K
+10.5%
5+ $238K$171.5K
-27.9%

Summary: Black Jack housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 105.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 27.9%.

Median Sold Price Compared To Nearby Cities

Black Jack
+12.5%
Spanish Lake Township
+6.1%
Florissant
+5.0%
Ferguson Township
+0.8%

Housing Supply in Black Jack, MO

How many homes are available in Black Jack, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3542+20.0%

Summary: The Black Jack real estate market had 42 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 2528
+12.0%
4 78
+14.3%
5+ 24
+100.0%

Summary: The Black Jack housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Black Jack, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Black Jack in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Black Jack, MO

How long does it take to sell a home in Black Jack, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days32 Days+26.3%

Summary: Homes in Black Jack had an average of 32 days on market in Nov 2024, up by 26.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 Black Jack has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Black Jack; 40% of homes were sold within 30 days, 60% 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 17 Days Ago

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