Is Jefferson, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jefferson was a Neutral Market.

Key Takeaway

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

Housing Prices in Jefferson, NE

How much do homes in Jefferson, NE cost?

Median Sold Price

$451,257

$174/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$22,757(+5.3%)

Key Takeaway

Homes in Jefferson have sold for 5.3% more than they did a month ago.

Summary: The median home sold price in Jefferson was $451,257 in November 2024, up 5.3% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $300K$322K
+7.3%
3 $355K$400K
+12.7%
4 $455K$461.6K
+1.5%
5+ $550K$517.3K
-5.9%

Summary: Jefferson housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Cities

Elkhorn
+19.6%
Jefferson
+5.3%
Omaha
+3.0%
Bennington
-7.6%
Union
-10.1%

Housing Supply in Jefferson, NE

How many homes are available in Jefferson, NE?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
288297+3.1%

Summary: The Jefferson real estate market had 297 homes for sale in November 2024, a 3.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2426
+8.3%
3 9295
+3.3%
4 114118
+3.5%
5+ 5858
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 8.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4856+16.7%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, expect to pay close to the asking price. 42% of homes here sold near the asking price last month.

Summary: A total of 56 homes were sold or pending in Jefferson in November 2024, up by 16.7% month-over-month. Of the 50 sold homes, 36% were sold under asking, 42% were sold at asking, and 22% were sold over asking.

Days on Market for Jefferson, NE

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

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days43 Days+11.1%

Summary: Homes in Jefferson had an average of 43 days on market in Nov 2024, up by 11.1% compared to last month.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 56 homes were sold in Jefferson; 54% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 16% 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 17 Days Ago

Newest Listings in Jefferson, NE

Nearby Markets to Jefferson, NE

What housing markets are near Jefferson, NE?