Is Jeffersonton, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jeffersonton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jeffersonton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jeffersonton, VA

How much do homes in Jeffersonton, VA cost?

Median Sold Price

$607,500

$197/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$12,000(+2.0%)

Key Takeaway

Homes in Jeffersonton have sold for 2% more than they did a month ago.

Summary: The median home sold price in Jeffersonton was $607,500 in October 2024, up 2% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $550K$515K
-6.4%
4 $641K$600K
-6.4%
5+ -$710K
N/A

Summary: Jeffersonton housing prices by bedroom type for October 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 decreased by 6.4%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.

Housing Supply in Jeffersonton, VA

How many homes are available in Jeffersonton, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1211-8.3%

Summary: The Jeffersonton real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 42
-50.0%
5+ 24
+100.0%

Summary: The Jeffersonton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Jeffersonton in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Jeffersonton, VA

How long does it take to sell a home in Jeffersonton, VA?

Average Sale Time

Sep 2024Oct 2024CHANGE
109 Days17 Days-84.2%

Summary: Homes in Jeffersonton had an average of 17 days on market in Oct 2024, down by 84.2% compared to last month.

Breakdown of Home Sale Times

5 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 Jeffersonton are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Jeffersonton; 83% of homes were sold within 30 days, 17% 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 9 Days Ago

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