Is Jefferson Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jefferson Township has remained a Seller's Market.
Housing Prices in Jefferson Township, OH
How much do homes in Jefferson Township, OH cost?
Median Sold Price
$187,500
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jefferson Township was $187,500 in March 2024, up 0.4% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $141K | $123.3K | -12.5% |
3 Bedrooms | $195K | $167K | -14.4% |
4 Bedrooms | $228K | $220K | -3.5% |
5+ Bedrooms | $288.5K | $197K | -31.7% |
Summary: Jefferson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 31.7%.
Median Sold Price Compared To Nearby Cities
Galion | $140.9K | $180K | +27.8% |
Jefferson Township | $186.7K | $187.5K | 0.4% |
Housing Supply in Jefferson Township, OH
How many homes are available in Jefferson Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The Jefferson Township real estate market had 20 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Jefferson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Jefferson Township in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 52 Days | -14.9% |
Summary: Homes in Jefferson Township had an average of 52 days on market in Mar 2024, down by 14.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Jefferson Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.