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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jefferson Township was a Neutral Market.

Key Takeaway

Jefferson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jefferson Township, PA

How much do homes in Jefferson Township, PA cost?

Median Sold Price

$65,750

$43/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$485,680(-88.1%)

Key Takeaway

Homes in Jefferson Township have sold for 88.1% less than they did a month ago.

Summary: The median home sold price in Jefferson Township was $65,750 in March 2024, down 88.1% from last month, and the median price per square foot was $43.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$11.5K
N/A
2 --
N/A
3 --
N/A
4 $551.4K$120K
-78.2%
5+ --
N/A

Summary: Jefferson Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 78.2%, and 5+ bedroom homes did not change.

Housing Supply in Jefferson Township, PA

How many homes are available in Jefferson Township, PA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The Jefferson Township real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 02
+100.0%
3 33
0.0%
4 33
0.0%
5+ 00
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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Jefferson Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Jefferson Township, PA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
1 Day74 Days+7350.0%

Summary: Homes in Jefferson Township had an average of 74 days on market in Mar 2024, up by 7350% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 March 2024, 2 homes were sold in Jefferson Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 26 Days Ago

Newest Listings in Jefferson Township, PA

Nearby Markets to Jefferson Township, PA

What housing markets are near Jefferson Township, PA?