Is Jefferson County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jefferson County has remained a Seller's Market.
Key Takeaway
Jefferson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson County, OH
How much do homes in Jefferson County, OH cost?
Median Sold Price
$131,812
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jefferson County have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Jefferson County was $131,812 in April 2024, up 4.6% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70.2K | $67K | -4.6% |
| 2 Bedrooms | $78K | $85K | +9.0% |
| 3 Bedrooms | $140K | $140.5K | 0.4% |
| 4 Bedrooms | $136.9K | $172.4K | +25.9% |
| 5+ Bedrooms | $120K | $160K | +33.3% |
Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Counties
| Harrison County | $134K | $145K | +8.2% |
| Hancock County | $132K | $138.5K | +4.9% |
| Jefferson County | $126K | $131.8K | +4.6% |
| Brooke County | $133.5K | $128K | -4.1% |
Housing Supply in Jefferson County, OH
How many homes are available in Jefferson County, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 229 | 234 | +2.2% |
Summary: The Jefferson County real estate market had 234 homes for sale in April 2024, a 2.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 39 | 40 | +2.6% |
| 3 Bedrooms | 124 | 132 | +6.5% |
| 4 Bedrooms | 49 | 47 | -4.1% |
| 5+ Bedrooms | 16 | 13 | -18.8% |
Summary: The Jefferson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 52 | 42 | -19.2% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson County, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Jefferson County in April 2024, down by 19.2% month-over-month. Of the 42 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Jefferson County, OH
How long does it take to sell a home in Jefferson County, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 102 Days | +28.5% |
Summary: Homes in Jefferson County had an average of 102 days on market in Apr 2024, up by 28.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Jefferson County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 42 homes were sold in Jefferson County; 24% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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