Is Jeffersonville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jeffersonville is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Jeffersonville has remained a Buyer's Market.

Key Takeaway

Jeffersonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jeffersonville, NY

How much do homes in Jeffersonville, NY cost?

Median Sold Price

$395,750

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$101,250(+34.4%)

Key Takeaway

Homes in Jeffersonville have sold for 34.4% more than they did a year ago.

Summary: The median home sold price in Jeffersonville was $395,750 in May 2024, up 34.4% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $286K$440.7K
+54.1%
3 $294.5K$320K
+8.7%
4 $299.9K$472.5K
+57.6%
5+ $200K$710K
+255.0%

Summary: Jeffersonville 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 increased by 54.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 57.6%, and 5+ bedroom homes increased by 255%.

Median Sold Price Compared To Nearby Cities

Jeffersonville
+34.4%
Callicoon
+16.5%

Housing Supply in Jeffersonville, NY

How many homes are available in Jeffersonville, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1217+41.7%

Summary: The Jeffersonville real estate market had 17 homes for sale in May 2024, a 41.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 02
+100.0%
3 57
+40.0%
4 55
0.0%
5+ 22
0.0%

Summary: The Jeffersonville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jeffersonville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Jeffersonville in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jeffersonville, NY

How long does it take to sell a home in Jeffersonville, NY?

Average Sale Time

May 2023May 2024CHANGE
41 Days204 Days+397.6%

Summary: Homes in Jeffersonville had an average of 204 days on market in May 2024, up by 397.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Jeffersonville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 9 Days Ago

Newest Listings in Jeffersonville, NY

Nearby Markets to Jeffersonville, NY

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