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 buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Jefferson Township, OH

How much do homes in Jefferson Township, OH cost?

Median Sold Price

$175,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$10,750(-5.8%)

Key Takeaway

Homes in Jefferson Township have sold for 5.8% less than they did a year ago.

Summary: The median home sold price in Jefferson Township was $175,000 in May 2024, down 5.8% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$99.9K
N/A
2 $140K$126K
-10.0%
3 $183.4K$152K
-17.1%
4 $230K$228K
-0.9%
5+ $185K$209K
+13.0%

Summary: Jefferson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Cities

Silvercreek Township
-1.7%
Jefferson Township
-5.8%

Housing Supply in Jefferson Township, OH

How many homes are available in Jefferson Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2024+20.0%

Summary: The Jefferson Township real estate market had 24 homes for sale in May 2024, a 20.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 88
0.0%
4 610
+66.7%
5+ 01
+100.0%

Summary: The Jefferson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Jefferson Township in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

May 2023May 2024CHANGE
57 Days28 Days-51.0%

Summary: Homes in Jefferson Township had an average of 28 days on market in May 2024, down by 51% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Jefferson Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Jefferson Township, OH

Nearby Markets to Jefferson Township, OH