$2,155 Closing Credit*
$181,500
1,304 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jacob Aeschliman, Listing Office: LPT Realty, LLC
Is Jefferson, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Jefferson has remained a Seller's Market.
Key Takeaway
Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson, IA
How much do homes in Jefferson, IA cost?
Median Sold Price
$165,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,000(+10.7%)
Key Takeaway
Homes in Jefferson have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Jefferson was $165,000 in November 2024, up 10.7% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $62.5K | $154.9K | +147.9% |
| 3 Bedrooms | $156.2K | $165K | +5.6% |
| 4 Bedrooms | $148.5K | $188.7K | +27.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jefferson 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 147.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes did not change.
Housing Supply in Jefferson, IA
How many homes are available in Jefferson, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Jefferson real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jefferson 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 increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Jefferson in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Jefferson, IA
How long does it take to sell a home in Jefferson, IA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 84 Days | +130.1% |
Summary: Homes in Jefferson had an average of 84 days on market in Nov 2024, up by 130.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jefferson has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Jefferson; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
