Is Jefferson County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, WA
How much do homes in Jefferson County, WA cost?
Median Sold Price
$641,250
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson County was $641,250 in May 2024, up 5.1% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $490K | $401K | -18.2% |
2 Bedrooms | $535K | $584K | +9.2% |
3 Bedrooms | $661K | $689K | +4.2% |
4 Bedrooms | $700K | $757K | +8.1% |
5+ Bedrooms | $690K | $1.0M | +47.8% |
Summary: Jefferson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 47.8%.
Median Sold Price Compared To Nearby Counties
Clallam County | $448.3K | $481.3K | +7.4% |
Jefferson County | $610K | $641.2K | +5.1% |
Mason County | $405.2K | $407.8K | +0.6% |
Grays Harbor County | $341.1K | $341.5K | 0.1% |
Housing Supply in Jefferson County, WA
How many homes are available in Jefferson County, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
135 | 166 | +23.0% |
Summary: The Jefferson County real estate market had 166 homes for sale in May 2024, a 23.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 11 | -8.3% |
2 Bedrooms | 49 | 69 | +40.8% |
3 Bedrooms | 56 | 65 | +16.1% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jefferson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 40.8%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 30 | +7.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Jefferson County in May 2024, up by 7.1% month-over-month. Of the 30 sold homes, 47% were sold under asking, 30% were sold at asking, and 23% were sold over asking.
Days on Market for Jefferson County, WA
How long does it take to sell a home in Jefferson County, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 63 Days | +52.7% |
Summary: Homes in Jefferson County had an average of 63 days on market in May 2024, up by 52.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Jefferson County; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.