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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Jefferson was a Buyer's Market.

Key Takeaway

Jefferson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jefferson, NE

How much do homes in Jefferson, NE cost?

Median Sold Price

$430,000

$170/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$70,000(+19.4%)

Key Takeaway

Homes in Jefferson have sold for 19.4% more than they did a month ago.

Summary: The median home sold price in Jefferson was $430,000 in October 2024, up 19.4% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $200K-
N/A
2 $346.5K$300K
-13.4%
3 $315K$352.5K
+11.9%
4 $440K$455K
+3.4%
5+ $465K$659.7K
+41.9%

Summary: Jefferson housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 41.9%.

Median Sold Price Compared To Nearby Cities

Bennington
+32.0%
Jefferson
+19.4%
Union
+11.0%
Elkhorn
+1.9%
Omaha
-0.2%

Housing Supply in Jefferson, NE

How many homes are available in Jefferson, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
274292+6.6%

Summary: The Jefferson real estate market had 292 homes for sale in October 2024, a 6.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 2020
0.0%
3 9092
+2.2%
4 115125
+8.7%
5+ 4855
+14.6%

Summary: The Jefferson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 14.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3646+27.8%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Jefferson in October 2024, up by 27.8% month-over-month. Of the 43 sold homes, 44% were sold under asking, 35% were sold at asking, and 21% 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

Sep 2024Oct 2024CHANGE
24 Days32 Days+31.4%

Summary: Homes in Jefferson had an average of 32 days on market in Oct 2024, up by 31.4% compared to last month.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 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 October 2024, 46 homes were sold in Jefferson; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 11% 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?