Is Jefferson, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jefferson was a Seller's Market.
Housing Prices in Jefferson, OH
How much do homes in Jefferson, OH cost?
Median Sold Price
$182,500
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson was $182,500 in May 2024, down 0.9% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $140.5K | $123.3K | -12.2% |
3 Bedrooms | $176.7K | $167K | -5.5% |
4 Bedrooms | $230K | $222.7K | -3.2% |
5+ Bedrooms | $185K | $209K | +13.0% |
Summary: Jefferson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
Jefferson | $184.1K | $182.5K | -0.9% |
Jefferson Township | $184.1K | $182.5K | -0.9% |
Housing Supply in Jefferson, OH
How many homes are available in Jefferson, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Jefferson real estate market had 19 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Jefferson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Jefferson in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Jefferson, OH
How long does it take to sell a home in Jefferson, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 28 Days | -54.7% |
Summary: Homes in Jefferson had an average of 28 days on market in May 2024, down by 54.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Jefferson; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.