Is Jefferson, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 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, OH
How much do homes in Jefferson, OH cost?
Median Sold Price
$145,033
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jefferson have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Jefferson was $145,033 in April 2024, up 7.4% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $100K | $125.4K | +25.4% |
| 3 Bedrooms | $134K | $145K | +8.2% |
| 4 Bedrooms | $147K | $160K | +8.8% |
| 5+ Bedrooms | $168.5K | $159K | -5.6% |
Summary: Jefferson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in Jefferson, OH
How many homes are available in Jefferson, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 51 | -29.2% |
Summary: The Jefferson real estate market had 51 homes for sale in April 2024, a 29.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 6 | -57.1% |
| 3 Bedrooms | 38 | 30 | -21.1% |
| 4 Bedrooms | 18 | 13 | -27.8% |
| 5+ Bedrooms | 2 | 2 | 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 57.1%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 15 | -28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was 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. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Jefferson in April 2024, down by 28.6% month-over-month. Of the 15 sold homes, 47% were sold under asking, 7% were sold at asking, and 47% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 28 Days | +51.5% |
Summary: Homes in Jefferson had an average of 28 days on market in Apr 2024, up by 51.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Jefferson; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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