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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Jefferson Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jefferson Township, OH

How much do homes in Jefferson Township, OH cost?

Median Sold Price

$210,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,050(+13.5%)

Key Takeaway

Homes in Jefferson Township have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Jefferson Township was $210,000 in November 2024, up 13.5% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$255K
N/A
2 $126K$160K
+27.0%
3 $184.1K$187.7K
+2.0%
4 $220K$363K
+65.0%
5+ $197K$200K
+1.5%

Summary: Jefferson Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 65%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Cities

Jefferson Township
+13.5%
Marion Township
+6.8%

Housing Supply in Jefferson Township, OH

How many homes are available in Jefferson Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3332-3.0%

Summary: The Jefferson Township real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 43
-25.0%
3 2017
-15.0%
4 89
+12.5%
5+ 12
+100.0%

Summary: The Jefferson Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Jefferson Township in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Jefferson Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days93 Days+115.6%

Summary: Homes in Jefferson Township had an average of 93 days on market in Nov 2024, up by 115.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jefferson Township has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Jefferson Township; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 4 Days Ago

Newest Listings in Jefferson Township, OH

Nearby Markets to Jefferson Township, OH

What housing markets are near Jefferson Township, OH?