Is Jefferson, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jefferson has remained a Seller's Market.

Key Takeaway

Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jefferson, MA

How much do homes in Jefferson, MA cost?

Median Sold Price

$555,000

$347/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$197,500(+55.2%)

Key Takeaway

Homes in Jefferson have sold for 55.2% more than they did a month ago.

Summary: The median home sold price in Jefferson was $555,000 in April 2024, up 55.2% from last month, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $357.5K-
N/A
3 -$432.5K
N/A
4 -$720K
N/A
5+ --
N/A

Summary: Jefferson housing prices by bedroom type for April 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.

Housing Supply in Jefferson, MA

How many homes are available in Jefferson, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
109-10.0%

Summary: The Jefferson real estate market had 9 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 56
+20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Jefferson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Jefferson in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Jefferson, MA

How long does it take to sell a home in Jefferson, MA?

Average Sale Time

Mar 2024Apr 2024CHANGE
76 Days26 Days-64.8%

Summary: Homes in Jefferson had an average of 26 days on market in Apr 2024, down by 64.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Jefferson; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 Jefferson, MA

Nearby Markets to Jefferson, MA

What housing markets are near Jefferson, MA?