Is Jasper, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Jasper, MO

How much do homes in Jasper, MO cost?

Median Sold Price

$125,400

$91/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$39,900(+46.7%)

Key Takeaway

Homes in Jasper have sold for 46.7% more than they did a month ago.

Summary: The median home sold price in Jasper was $125,400 in May 2024, up 46.7% from last month, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $85.5K$125.4K
+46.7%
4 -$160K
N/A
5+ --
N/A

Summary: Jasper housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 46.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jasper
+46.7%
Preston Township
+46.7%

Housing Supply in Jasper, MO

How many homes are available in Jasper, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
910+11.1%

Summary: The Jasper real estate market had 10 homes for sale in May 2024, a 11.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 65
-16.7%
4 22
0.0%
5+ 00
0.0%

Summary: The Jasper 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 increased by 200%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Jasper in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Jasper, MO

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

Average Sale Time

Apr 2024May 2024CHANGE
105 Days145 Days+37.8%

Summary: Homes in Jasper had an average of 145 days on market in May 2024, up by 37.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jasper are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 3 homes were sold in Jasper; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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

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