$4,227 Closing Credit*
$355,990
1,361 SqFt
3 Beds
•1 Full Bath
Rob Burditt, Listing Office: Hubbell Homes of Iowa, LLC
Is Jefferson Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Jefferson Township was a Seller's Market.
Key Takeaway
Jefferson Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Jefferson Township, IA
How much do homes in Jefferson Township, IA cost?
Median Sold Price
$390,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$16,480(-4.1%)
Key Takeaway
Homes in Jefferson Township have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Jefferson Township was $390,000 in September 2024, down 4.1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $171.9K | $189.4K | +10.2% |
| 3 Bedrooms | $315.1K | $317K | +0.6% |
| 4 Bedrooms | $450K | $430K | -4.4% |
| 5+ Bedrooms | $650K | $625K | -3.8% |
Summary: Jefferson Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Granger | $315.5K | $370K | +17.3% |
| Granger | $315.5K | $370K | +17.3% |
| Johnston | $375K | $366.6K | -2.2% |
| Jefferson Township | $406.4K | $390K | -4.1% |
Housing Supply in Jefferson Township, IA
How many homes are available in Jefferson Township, IA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 154 | 154 | 0.0% |
Summary: The Jefferson Township real estate market had 154 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 52 | 53 | +1.9% |
| 4 Bedrooms | 57 | 51 | -10.5% |
| 5+ Bedrooms | 36 | 41 | +13.9% |
Summary: The Jefferson Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 13.9%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Jefferson Township in September 2024, up by 4.3% month-over-month. Of the 24 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 70 Days | 69 Days | -2.2% |
Summary: Homes in Jefferson Township had an average of 69 days on market in Sep 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 24 homes were sold in Jefferson Township; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
