Is Jefferson County, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Jefferson County was a Seller's Market.

Key Takeaway

Jefferson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jefferson County, FL

How much do homes in Jefferson County, FL cost?

Median Sold Price

$291,250

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$43,750(-13.1%)

Key Takeaway

Homes in Jefferson County have sold for 13.1% less than they did a year ago.

Summary: The median home sold price in Jefferson County was $291,250 in November 2024, down 13.1% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$130K
N/A
2 $171.2K$194.5K
+13.6%
3 $312.8K$320K
+2.3%
4 $410K$375K
-8.5%
5+ $467.5K$512.5K
+9.6%

Summary: Jefferson County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Counties

Madison County
+28.9%
Leon County
+3.5%
Taylor County
-5.0%
Jefferson County
-13.1%

Housing Supply in Jefferson County, FL

How many homes are available in Jefferson County, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4548+6.7%

Summary: The Jefferson County real estate market had 48 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2127
+28.6%
4 87
-12.5%
5+ 87
-12.5%

Summary: The Jefferson County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Jefferson County in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Jefferson County, FL

How long does it take to sell a home in Jefferson County, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
69 Days48 Days-30.8%

Summary: Homes in Jefferson County had an average of 48 days on market in Nov 2024, down by 30.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jefferson County has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Jefferson County; 20% of homes were sold within 30 days, 80% 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 22 Days Ago

Newest Listings in Jefferson County, FL

Nearby Markets to Jefferson County, FL

What housing markets are near Jefferson County, FL?