$463 Closing Credit*
$39,000
3 Beds
•1 Full Bath
Brian J Sellitto, Listing Office: Puppy Realty
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
Since last year, Jefferson has remained a Seller's Market.
Key Takeaway
Jefferson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson, OH
How much do homes in Jefferson, OH cost?
Median Sold Price
$155,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+14.8%)
Key Takeaway
Homes in Jefferson have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in Jefferson was $155,000 in October 2024, up 14.8% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $116K | $124.9K | +7.7% |
| 3 Bedrooms | $131K | $153K | +16.8% |
| 4 Bedrooms | $157.7K | $177K | +12.2% |
| 5+ Bedrooms | $154K | $223.7K | +45.3% |
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 7.7%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 45.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Jefferson | $135K | $155K | +14.8% |
| Rockport | $131K | $133.5K | +1.9% |
| Jefferson Park | $151.5K | $143K | -5.6% |
Housing Supply in Jefferson, OH
How many homes are available in Jefferson, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 77 | +10.0% |
Summary: The Jefferson real estate market had 77 homes for sale in October 2024, a 10.0% 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 | 13 | 14 | +7.7% |
| 3 Bedrooms | 36 | 36 | 0.0% |
| 4 Bedrooms | 16 | 21 | +31.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
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 7.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Jefferson in October 2024, up by 4.5% month-over-month. Of the 23 sold homes, 43% were sold under asking, 9% were sold at asking, and 48% 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 |
|---|---|---|
| 18 Days | 25 Days | +36.2% |
Summary: Homes in Jefferson had an average of 25 days on market in Oct 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Jefferson; 52% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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