$1,425 Closing Credit*
$120,000
600 SqFt
1 Bed
•1 Full Bath
Tara Hawkins, Listing Office: Platinum Real Estate
Is Jefferson, OH 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 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, OH
How much do homes in Jefferson, OH cost?
Median Sold Price
$185,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,500(-0.8%)
Key Takeaway
Homes in Jefferson have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Jefferson was $185,000 in October 2024, down 0.8% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $140K | $145.5K | +3.9% |
| 3 Bedrooms | $184.1K | $165K | -10.4% |
| 4 Bedrooms | $224K | $310K | +38.4% |
| 5+ Bedrooms | $197K | $210K | +6.6% |
Summary: Jefferson 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 increased by 3.9%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Jefferson | $186.5K | $185K | -0.8% |
| Jefferson Township | $186.5K | $185K | -0.8% |
Housing Supply in Jefferson, OH
How many homes are available in Jefferson, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 35 | +34.6% |
Summary: The Jefferson real estate market had 35 homes for sale in October 2024, a 34.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 12 | 20 | +66.7% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Jefferson 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 increased by 66.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 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. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Jefferson in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Jefferson, OH
How long does it take to sell a home in Jefferson, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 41 Days | +80.9% |
Summary: Homes in Jefferson had an average of 41 days on market in Oct 2024, up by 80.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jefferson has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Jefferson; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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