Is Jefferson Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jefferson Township has remained a Seller's Market.
Housing Prices in Jefferson Township, IA
How much do homes in Jefferson Township, IA cost?
Median Sold Price
$296,450
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jefferson Township was $296,450 in March 2024, down 8.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $238.2K | $96.2K | -59.6% |
3 Bedrooms | $273.7K | $256.8K | -6.2% |
4 Bedrooms | $485K | $550K | +13.4% |
5+ Bedrooms | $525K | $675K | +28.6% |
Summary: Jefferson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.6%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 28.6%.
Median Sold Price Compared To Nearby Cities
Madison Township | $275K | $301K | +9.5% |
Jefferson Township | $325.4K | $296.4K | -8.9% |
Housing Supply in Jefferson Township, IA
How many homes are available in Jefferson Township, IA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Jefferson Township real estate market had 11 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Jefferson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Jefferson Township in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jefferson Township, IA
How long does it take to sell a home in Jefferson Township, IA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 106 Days | +332.7% |
Summary: Homes in Jefferson Township had an average of 106 days on market in Mar 2024, up by 332.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Jefferson Township; 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.