Is Jefferson Hills, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Jefferson Hills was a Buyer's Market.
Housing Prices in Jefferson Hills, PA
How much do homes in Jefferson Hills, PA cost?
Median Sold Price
$329,900
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jefferson Hills was $329,900 in March 2024, down 3% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $169.2K | $180K | +6.4% |
3 Bedrooms | $250K | $256.2K | +2.5% |
4 Bedrooms | $460K | $465K | +1.1% |
5+ Bedrooms | $686K | $500K | -27.1% |
Summary: Jefferson Hills 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 increased by 6.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 27.1%.
Median Sold Price Compared To Nearby Cities
Clairton | $68K | $165K | +142.6% |
Elizabeth | $137.5K | $189K | +37.5% |
Jefferson Hills | $340K | $329.9K | -3.0% |
Housing Supply in Jefferson Hills, PA
How many homes are available in Jefferson Hills, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 35 | +12.9% |
Summary: The Jefferson Hills real estate market had 35 homes for sale in March 2024, a 12.9% 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 | 6 | 8 | +33.3% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Jefferson Hills 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 increased by 33.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Jefferson Hills in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Jefferson Hills, PA
How long does it take to sell a home in Jefferson Hills, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 40 Days | +41.2% |
Summary: Homes in Jefferson Hills had an average of 40 days on market in Mar 2024, up by 41.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Jefferson Hills; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.