Is West Jefferson, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Jefferson is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, West Jefferson has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Jefferson, OH

How much do homes in West Jefferson, OH cost?

Median Sold Price

$251,316

$243/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$14,684(-5.5%)

Key Takeaway

Homes in West Jefferson have sold for 5.5% less than they did a month ago.

Summary: The median home sold price in West Jefferson was $251,316 in April 2024, down 5.5% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $266K$251.3K
-5.5%
4 --
N/A
5+ --
N/A

Summary: West Jefferson housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Jefferson, OH

How many homes are available in West Jefferson, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2226+18.2%

Summary: The West Jefferson real estate market had 26 homes for sale in April 2024, a 18.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 1718
+5.9%
4 45
+25.0%
5+ 01
+100.0%

Summary: The West Jefferson 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 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
550.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Jefferson, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in West Jefferson in April 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for West Jefferson, OH

How long does it take to sell a home in West Jefferson, OH?

Average Sale Time

Mar 2024Apr 2024CHANGE
10 Days3 Days-68.6%

Summary: Homes in West Jefferson had an average of 3 days on market in Apr 2024, down by 68.6% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Jefferson are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in West Jefferson; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in West Jefferson, OH

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