Is Jackson No. 1 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, Jackson No. 1 Township has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $195K | $178K | -8.7% |
3 Bedrooms | $245.3K | $257K | +4.7% |
4 Bedrooms | $350K | $340K | -2.9% |
5+ Bedrooms | $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 | $230.4K | $265K | +15.0% |
Sheridan Township | $305K | $322.5K | +5.7% |
Jackson No. 1 Township | $245.7K | $255.9K | +4.2% |
Fair Grove | $264K | $271.2K | +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 2024 | May 2024 | CHANGE |
---|---|---|
10 | 13 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 2 | +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 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
85 Days | 28 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
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.