Is Jefferson, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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, NE
How much do homes in Jefferson, NE cost?
Median Sold Price
$385,000
$160/sqft
Based on all homes sold in November 2023.
Difference Since Last Month
Key Takeaway
Homes in Jefferson have sold for 1.8% less than they did a month ago.
Summary: The median home sold price in Jefferson was $385,000 in November 2023, down 1.8% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $302.5K | $336.6K | +11.3% |
| 3 Bedrooms | $303K | $326.7K | +7.8% |
| 4 Bedrooms | $423.7K | $457.4K | +8.0% |
| 5+ Bedrooms | $522.4K | $525K | 0.5% |
Summary: Jefferson housing prices by bedroom type for November 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Jefferson, NE
How many homes are available in Jefferson, NE?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 160 | 159 | -0.6% |
Summary: The Jefferson real estate market had 159 homes for sale in November 2023, a 0.6% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 57 | 52 | -8.8% |
| 4 Bedrooms | 55 | 58 | +5.5% |
| 5+ Bedrooms | 36 | 36 | 0.0% |
Summary: The Jefferson housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 32 | 32 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Jefferson in November 2023, the same as the previous month. Of the 29 sold homes, 38% were sold under asking, 38% were sold at asking, and 24% were sold over asking.
Days on Market for Jefferson, NE
How long does it take to sell a home in Jefferson, NE?
Average Sale Time
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 32 Days | 20 Days | -37.4% |
Summary: Homes in Jefferson had an average of 20 days on market in Nov 2023, down by 37.4% compared to last month.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 32 homes were sold in Jefferson; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2023 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.