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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Jefferson was a Seller's Market.

Key Takeaway

Jefferson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jefferson, OH

How much do homes in Jefferson, OH cost?

Median Sold Price

$180,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$5,950(-3.2%)

Key Takeaway

Homes in Jefferson have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in Jefferson was $180,000 in February 2024, down 3.2% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $110K$133K
+20.9%
3 $195K$165K
-15.4%
4 $215K$220K
+2.3%
5+ $288.5K$197K
-31.7%

Summary: Jefferson housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 31.7%.

Median Sold Price Compared To Nearby Cities

Jefferson Township
-2.7%
Jefferson
-3.2%

Housing Supply in Jefferson, OH

How many homes are available in Jefferson, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
19190.0%

Summary: The Jefferson real estate market had 19 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 99
0.0%
4 45
+25.0%
5+ 12
+100.0%

Summary: The Jefferson housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Jefferson in February 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jefferson, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
38 Days14 Days-63.6%

Summary: Homes in Jefferson had an average of 14 days on market in Feb 2024, down by 63.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 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 February 2024, 1 homes were sold in Jefferson; 100% of homes were sold within 30 days, 0% 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 27 Days Ago

Newest Listings in Jefferson, OH

Nearby Markets to Jefferson, OH