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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Jefferson Township was a Buyer's Market.

Key Takeaway

Jefferson Township 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 Township, OH

How much do homes in Jefferson Township, OH cost?

Median Sold Price

$185,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-2.6%)

Key Takeaway

Homes in Jefferson Township have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Jefferson Township was $185,000 in October 2024, down 2.6% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$255K
N/A
2 $140K$145.5K
+3.9%
3 $184.9K$165K
-10.8%
4 $228K$310K
+36.0%
5+ $197K$210K
+6.6%

Summary: Jefferson Township 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 10.8%, 4 bedroom homes increased by 36%, and 5+ bedroom homes increased by 6.6%.

Housing Supply in Jefferson Township, OH

How many homes are available in Jefferson Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2635+34.6%

Summary: The Jefferson Township 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

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 1220
+66.7%
4 87
-12.5%
5+ 22
0.0%

Summary: The Jefferson Township 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 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson Township, 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 Township 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 Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days41 Days+80.9%

Summary: Homes in Jefferson Township 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Jefferson Township; 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.

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 Township, OH

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