Is Jefferson County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a seller's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Jefferson County was a Neutral Market.

Key Takeaway

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

How much do homes in Jefferson County, WI cost?

Median Sold Price

$292,825

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$15,325(+5.5%)

Key Takeaway

Homes in Jefferson County have sold for 5.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $131K$125K
-4.6%
2 $191K$209K
+9.4%
3 $286.5K$285.3K
-0.4%
4 $353.5K$342.5K
-3.1%
5+ $270K$393.5K
+45.7%

Median Sold Price Compared To Nearby Counties

Dane County
+51.9%
Waukesha County
+24.0%
Walworth County
+14.8%
Jefferson County
+5.5%

How many homes are available in Jefferson County, WI?

Number of Homes For Sale

Sep 2022Oct 2022%
283242-14.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 21
-50.0%
2 3034
+13.3%
3 148125
-15.5%
4 8765
-25.3%
5+ 1617
+6.3%

Number of Homes Sold

Sep 2022Oct 2022%
9969-30.3%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you could pay more than the asking price. 40.6% of homes here sold above asking price last month.

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

About Jefferson County, WI

Homes for sale in Jefferson County, WI have reached 242. The number of listings in Jefferson County, WI decreased by 14.5% between September 2022 and October 2022. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 4.6% more cheaper, prices of 2 bedrooms properties went up by 9.4%, 3 bedrooms properties became 0.4% more cheaper, 4 bedrooms properties became 3.1% more cheaper, prices of 5 bedrooms properties went up by 45.7%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 50%, the quantity of 2 bedrooms homes went up by 13.3%, 3 bedrooms homes inventory decreased by 15.5%, 4 bedrooms homes became 25.3% less available, 5 bedrooms homes inventory increased by 6.3%. In October 2022, from all listings sold in Jefferson County, WI there were more than 28 sold above asking price, over 25 sold below and more than 16 were sold right at the asked price.

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