Is Jefferson Township, 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 Township has remained a Seller's Market.
Housing Prices in Jefferson Township, OH
How much do homes in Jefferson Township, OH cost?
Median Sold Price
$390,000
$180/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, up 8.6% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $1.1M | N/A |
2 Bedrooms | $200K | $254K | +27.0% |
3 Bedrooms | $316.1K | $341.2K | +7.9% |
4 Bedrooms | $415K | $452.9K | +9.1% |
5+ Bedrooms | $737.5K | $750K | +1.7% |
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 27%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Cities
Jefferson Township | $359K | $390K | +8.6% |
Blacklick | $329.8K | $345K | +4.6% |
Gahanna | $345K | $350K | +1.4% |
Mifflin Township | $338.6K | $341K | +0.7% |
Housing Supply in Jefferson Township, OH
How many homes are available in Jefferson Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 | 95 | +4.4% |
Summary: The Jefferson Township real estate market had 95 homes for sale in April 2024, a 4.4% 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 | 8 | 14 | +75.0% |
3 Bedrooms | 33 | 30 | -9.1% |
4 Bedrooms | 43 | 48 | +11.6% |
5+ Bedrooms | 7 | 3 | -57.1% |
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 75%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 57.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Jefferson Township in April 2024, up by 4.8% month-over-month. Of the 22 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Jefferson Township, OH
How long does it take to sell a home in Jefferson Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 30 Days | -47.5% |
Summary: Homes in Jefferson Township had an average of 30 days on market in Apr 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Jefferson Township; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.