Is Jefferson County, WA 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 County has remained a Seller's Market.
Housing Prices in Jefferson County, WA
How much do homes in Jefferson County, WA cost?
Median Sold Price
$640,000
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jefferson County was $640,000 in March 2024, up 6.6% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $490K | $380K | -22.4% |
2 Bedrooms | $515K | $583K | +13.2% |
3 Bedrooms | $655K | $682K | +4.1% |
4 Bedrooms | $702.5K | $739K | +5.2% |
5+ Bedrooms | $895K | $1.1M | +33.8% |
Summary: Jefferson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.4%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 33.8%.
Median Sold Price Compared To Nearby Counties
Clallam County | $435.6K | $473.9K | +8.8% |
Jefferson County | $600.2K | $640K | +6.6% |
Grays Harbor County | $339.8K | $343.8K | +1.2% |
Mason County | $409.9K | $406.1K | -0.9% |
Housing Supply in Jefferson County, WA
How many homes are available in Jefferson County, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
120 | 120 | 0.0% |
Summary: The Jefferson County real estate market had 120 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 13 | +44.4% |
2 Bedrooms | 39 | 40 | +2.6% |
3 Bedrooms | 57 | 52 | -8.8% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Jefferson County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 25 | -16.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Jefferson County in March 2024, down by 16.7% month-over-month. Of the 25 sold homes, 48% were sold under asking, 32% were sold at asking, and 20% were sold over asking.
Days on Market for Jefferson County, WA
How long does it take to sell a home in Jefferson County, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 71 Days | +33.1% |
Summary: Homes in Jefferson County had an average of 71 days on market in Mar 2024, up by 33.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Jefferson County; 56% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.