Is Jefferson Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jefferson Township was a Seller's Market.
Housing Prices in Jefferson Township, IA
How much do homes in Jefferson Township, IA cost?
Median Sold Price
$390,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson Township was $390,000 in April 2024, the same as last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $171K | $180.2K | +5.4% |
3 Bedrooms | $316.7K | $317.6K | 0.3% |
4 Bedrooms | $425K | $444.9K | +4.7% |
5+ Bedrooms | $565K | $670K | +18.6% |
Summary: Jefferson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 18.6%.
Median Sold Price Compared To Nearby Cities
Granger | $310K | $356K | +14.8% |
Granger | $310K | $356K | +14.8% |
Johnston | $355K | $373.2K | +5.1% |
Jefferson Township | $389.9K | $390K | 0.0% |
Housing Supply in Jefferson Township, IA
How many homes are available in Jefferson Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
132 | 134 | +1.5% |
Summary: The Jefferson Township real estate market had 134 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 40 | 39 | -2.5% |
4 Bedrooms | 55 | 55 | 0.0% |
5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The Jefferson Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Jefferson Township in April 2024, down by 9.5% month-over-month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% were sold over asking.
Days on Market for Jefferson Township, IA
How long does it take to sell a home in Jefferson Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
96 Days | 61 Days | -36.3% |
Summary: Homes in Jefferson Township had an average of 61 days on market in Apr 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Jefferson Township; 37% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.