Is Jefferson Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jefferson Township has remained a Seller's Market.
Housing Prices in Jefferson Township, PA
How much do homes in Jefferson Township, PA cost?
Median Sold Price
$334,750
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson Township was $334,750 in May 2024, up 16.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $50.5K | N/A |
2 Bedrooms | $230.5K | $220K | -4.6% |
3 Bedrooms | $294K | $390K | +32.7% |
4 Bedrooms | $337.5K | $490K | +45.2% |
5+ Bedrooms | $685K | $910K | +32.8% |
Summary: Jefferson Township 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 decreased by 4.6%, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes increased by 32.8%.
Median Sold Price Compared To Nearby Cities
Champion | $337K | $400.2K | +18.8% |
Jefferson Township | $288K | $334.7K | +16.2% |
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 |
---|---|---|
25 | 27 | +8.0% |
Summary: The Jefferson Township real estate market had 27 homes for sale in May 2024, a 8.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jefferson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Jefferson Township in May 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
64 Days | 24 Days | -61.3% |
Summary: Homes in Jefferson Township had an average of 24 days on market in May 2024, down by 61.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Jefferson Township; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.