Is Jefferson County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Jefferson County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jefferson County, MO

How much do homes in Jefferson County, MO cost?

Median Sold Price

$563,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,000(+8.3%)

Key Takeaway

Homes in Jefferson County have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Jefferson County was $563,000 in October 2024, up 8.3% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $227.5K-
N/A
3 $255.3K$381.5K
+49.4%
4 $553.7K$563K
+1.7%
5+ $830K$616.5K
-25.7%

Summary: Jefferson County 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 did not change, 3 bedroom homes increased by 49.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 25.7%.

Median Sold Price Compared To Nearby Counties

Jefferson County
+8.3%
Monroe County
+4.5%
Saint Louis County
+1.0%

Housing Supply in Jefferson County, MO

How many homes are available in Jefferson County, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
714727+1.8%

Summary: The Jefferson County real estate market had 727 homes for sale in October 2024, a 1.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 119116
-2.5%
3 393391
-0.5%
4 164179
+9.1%
5+ 3236
+12.5%

Summary: The Jefferson County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
194201+3.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 201 homes were sold or pending in Jefferson County in October 2024, up by 3.6% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Jefferson County, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days34 Days+12.5%

Summary: Homes in Jefferson County had an average of 34 days on market in Oct 2024, up by 12.5% compared to last year.

Breakdown of Home Sale Times

124 Homes Were Sold
Under 30 Days

53 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 201 homes were sold in Jefferson County; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% 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 Jefferson County, MO

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What housing markets are near Jefferson County, MO?