Is Jefferson Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jefferson Township was a Buyer's Market.
Key Takeaway
Jefferson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson Township, PA
How much do homes in Jefferson Township, PA cost?
Median Sold Price
$135,000
$135/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Jefferson Township have sold for 38.6% less than they did a month ago.
Summary: The median home sold price in Jefferson Township was $135,000 in May 2024, down 38.6% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | - | N/A |
| 3 Bedrooms | - | $85K | N/A |
| 4 Bedrooms | - | $185K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Jefferson Township 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jefferson Township | $220K | $135K | -38.6% |
| Clarksville | $242.5K | $135K | -44.3% |
| Morgan Township | $128.7K | $64K | -50.3% |
Housing Supply in Jefferson Township, PA
How many homes are available in Jefferson Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Jefferson Township real estate market had 10 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jefferson 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Jefferson Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Jefferson Township, PA
How long does it take to sell a home in Jefferson Township, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 90 Days | +1031.3% |
Summary: Homes in Jefferson Township had an average of 90 days on market in May 2024, up by 1031.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Jefferson Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
