$7,000 Closing Credit*
$589,500
2,921 SqFt
4 Beds
•3 Full Baths
Daniel Seda, Listing Office: COLDWELL BANKER HEDGES
Is Jefferson Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jefferson Township was a Seller's Market.
Key Takeaway
Jefferson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jefferson Township, IA
How much do homes in Jefferson Township, IA cost?
Median Sold Price
$318,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,500(+18.9%)
Key Takeaway
Homes in Jefferson Township have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Jefferson Township was $318,000 in October 2024, up 18.9% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.9K | $125K | -21.9% |
| 3 Bedrooms | $187K | $257.5K | +37.7% |
| 4 Bedrooms | $503.5K | $428K | -15.0% |
| 5+ Bedrooms | $515K | $641.2K | +24.5% |
Summary: Jefferson Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.9%, 3 bedroom homes increased by 37.7%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 24.5%.
Median Sold Price Compared To Nearby Cities
| Madison Township | $279.9K | $344.4K | +23.1% |
| Jefferson Township | $267.5K | $318K | +18.9% |
| Swisher | $410K | $428K | +4.4% |
Housing Supply in Jefferson Township, IA
How many homes are available in Jefferson Township, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Jefferson Township real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Jefferson Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Jefferson Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jefferson Township, IA
How long does it take to sell a home in Jefferson Township, IA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 31 Days | +124.6% |
Summary: Homes in Jefferson Township had an average of 31 days on market in Oct 2024, up by 124.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jefferson Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Jefferson Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.