There are currently 20,741 real estate properties in Jefferson City, MO, with a median automated valuation model (AVM) price of $231,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jefferson City, MO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jefferson City, MO, is $260,589.00, with the most expensive house in Jefferson City, MO, topping out at $4,083,381.00 and the cheapest home in Jefferson City, MO, clocking in at $11,215.00. In other words, there’s something for every potential homebuyer or savvy investor in Jefferson City, MO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jefferson City, MO, is on a rollercoaster ride. The average rent price in Jefferson City, MO, is $1,243.00. Indeed, when looking to rent in Jefferson City, MO, you can expect to pay as little as $540.00 or as much as $2,140.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Jefferson City, MO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Jefferson City is located in Cole, Missouri, with an estimated municipal population of 42,708 residents. All of the best foreclosed homes for sale in Jefferson City are located in the following zip code areas on Foreclosure.com: 65101 65109 65102 65103 65104 65105 65106 65107 65108 65110 65111. The estimated population per square kilometer (.62 miles) in Jefferson City is 457.
So, about how much do homes cost in Jefferson City? The most recent median value of resident-owned homes in Jefferson City is 149,958. An estimated 56.6 percent of households in Jefferson City own their homes, with an average family size of 2.98. The median household income in Jefferson City is 52,253, with20.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Jefferson City, the median commute time of resident workers (in minutes) is 15.5. And last, but certainly not least, are you looking for homes to rent in Jefferson City? If so, the average rent price paid by renters in Jefferson City is 634, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Jefferson City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Jefferson City is 37.9, split between 51.6 percent male versus 48.4 female. The percentage of residents who report being married in Jefferson City is 41.2, with an average family size of 2.98.
The percentage of residents who report their race in Jefferson City is as follows:
White | 75.6% |
Black / African American | 18.8% |
Asian | 2.5% |
American Indian / Alaskan Native | 0.3% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 2.5% |
Other | 0.3% |
Looking for family-friendly neighborhoods in and/or near Jefferson City? Or maybe you are searching for 55+ active adult communities in and/or near Jefferson City?
The percentage of residents who report their age in Jefferson City is as follows:
Under 10 | 11.4% |
Aged 10-19 | 11.7% |
20s | 14.8% |
30s | 14.8% |
40s | 11.6% |
50s | 13.1% |
60s | 11.5% |
70s | 6.6% |
80+ | 4.3% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Jefferson City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Jefferson City.
How do you know that living in -- or moving to -- Jefferson City is right where you need to be? Perhaps you grew up in Jefferson City or already live nearby; therefore, the decision to buy a home in Jefferson City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Jefferson City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Jefferson City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Jefferson City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Jefferson City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Jefferson City, meanwhile, can field multiple offers from more qualified buyers.
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