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 20 Days Ago

Newest Listings in Jefferson County, OH

Nearby Markets to Jefferson County, OH

What housing markets are near Jefferson County, OH?