$1,841 Closing Credit*
$155,000
1,334 SqFt
3 Beds
•3 Full Baths
Mark Goedert, Listing Office: Goedert Real Estate - Adr
Is Jefferson Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Jefferson Township has remained a Seller'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, MI
How much do homes in Jefferson Township, MI cost?
Median Sold Price
$197,250
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$12,250(+6.6%)
Key Takeaway
Homes in Jefferson Township have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Jefferson Township was $197,250 in September 2024, up 6.6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158.7K | - | N/A |
| 2 Bedrooms | $175K | $189K | +8.0% |
| 3 Bedrooms | $221K | $173K | -21.7% |
| 4 Bedrooms | $245K | $218K | -11.0% |
| 5+ Bedrooms | $183.5K | $279.5K | +52.3% |
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 8%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 52.3%.
Median Sold Price Compared To Nearby Cities
| Jefferson Township | $185K | $197.2K | +6.6% |
| Osseo | $207.5K | $197.5K | -4.8% |
| Cambria Township | $231K | $140.5K | -39.2% |
Housing Supply in Jefferson Township, MI
How many homes are available in Jefferson Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Jefferson Township real estate market had 21 homes for sale in September 2024, a 4.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
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 decreased by 60%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 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. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Jefferson Township in September 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Jefferson Township, MI
How long does it take to sell a home in Jefferson Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 30 Days | 84 Days | +177.0% |
Summary: Homes in Jefferson Township had an average of 84 days on market in Sep 2024, up by 177% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 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, 6 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.
