Is Jeffersonville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jeffersonville is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Jeffersonville has remained a Neutral Market.

Key Takeaway

Jeffersonville 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 Jeffersonville, NY

How much do homes in Jeffersonville, NY cost?

Median Sold Price

$380,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+8.6%)

Key Takeaway

Homes in Jeffersonville have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Jeffersonville was $380,000 in October 2024, up 8.6% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $391.5K$310K
-20.8%
3 $335K$342.5K
+2.2%
4 $324.9K$400K
+23.1%
5+ $465.5K$599K
+28.7%

Summary: Jeffersonville 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 20.8%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Cities

Jeffersonville
+8.6%
Callicoon
-2.7%

Housing Supply in Jeffersonville, NY

How many homes are available in Jeffersonville, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2927-6.9%

Summary: The Jeffersonville real estate market had 27 homes for sale in October 2024, a 6.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1312
-7.7%
4 88
0.0%
5+ 44
0.0%

Summary: The Jeffersonville 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 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jeffersonville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jeffersonville in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Jeffersonville, NY

How long does it take to sell a home in Jeffersonville, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
59 Days113 Days+91.5%

Summary: Homes in Jeffersonville had an average of 113 days on market in Oct 2024, up by 91.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jeffersonville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Jeffersonville; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Jeffersonville, NY

Nearby Markets to Jeffersonville, NY

What housing markets are near Jeffersonville, NY?