Is Jefferson County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Jefferson County was a Seller's Market.

Key Takeaway

Jefferson County 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 County, OH

How much do homes in Jefferson County, OH cost?

Median Sold Price

$139,800

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,716(+10.0%)

Key Takeaway

Homes in Jefferson County have sold for 10% more than they did a year ago.

Summary: The median home sold price in Jefferson County was $139,800 in October 2024, up 10% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $67.3K$73.1K
+8.5%
2 $88K$85K
-3.4%
3 $139K$147K
+5.8%
4 $160K$166K
+3.8%
5+ $93K$180K
+93.5%

Summary: Jefferson County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 93.5%.

Median Sold Price Compared To Nearby Counties

Harrison County
+28.8%
Brooke County
+21.3%
Jefferson County
+10.0%
Hancock County
+4.7%

Housing Supply in Jefferson County, OH

How many homes are available in Jefferson County, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
228248+8.8%

Summary: The Jefferson County real estate market had 248 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 4453
+20.5%
3 125136
+8.8%
4 3833
-13.2%
5+ 1722
+29.4%

Summary: The Jefferson County 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 20.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 29.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39390.0%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson County, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Jefferson County in October 2024, the same as the previous month. Of the 39 sold homes, 69% were sold under asking, 18% were sold at asking, and 13% were sold over asking.

Days on Market for Jefferson County, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
81 Days74 Days-8.4%

Summary: Homes in Jefferson County had an average of 74 days on market in Oct 2024, down by 8.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jefferson County has remained consistent over time.

Summary: During October 2024, 39 homes were sold in Jefferson County; 18% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 26% 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 4 Days Ago

Newest Listings in Jefferson County, OH

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What housing markets are near Jefferson County, OH?