Is Jackson No. 1 Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson No. 1 Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Jackson No. 1 Township has remained a Seller's Market.

Key Takeaway

Jackson No. 1 Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jackson No. 1 Township, MO

How much do homes in Jackson No. 1 Township, MO cost?

Median Sold Price

$255,950

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,250(+4.2%)

Key Takeaway

Homes in Jackson No. 1 Township have sold for 4.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $195K$178K
-8.7%
3 $245.3K$257K
+4.7%
4 $350K$340K
-2.9%
5+ $365K-
N/A

Summary: Jackson No. 1 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 decreased by 8.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jackson No. 2 Township
+15.0%
Sheridan Township
+5.7%
Jackson No. 1 Township
+4.2%
Fair Grove
+2.7%

Housing Supply in Jackson No. 1 Township, MO

How many homes are available in Jackson No. 1 Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1013+30.0%

Summary: The Jackson No. 1 Township real estate market had 13 homes for sale in May 2024, a 30.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 34
+33.3%
5+ 12
+100.0%

Summary: The Jackson No. 1 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 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson No. 1 Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Jackson No. 1 Township in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Jackson No. 1 Township, MO

How long does it take to sell a home in Jackson No. 1 Township, MO?

Average Sale Time

May 2023May 2024CHANGE
85 Days28 Days-67.3%

Summary: Homes in Jackson No. 1 Township had an average of 28 days on market in May 2024, down by 67.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Jackson No. 1 Township has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Jackson No. 1 Township; 33% of homes were sold within 30 days, 67% 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 3 Days Ago

Newest Listings in Jackson No. 1 Township, MO

Nearby Markets to Jackson No. 1 Township, MO