$1,009 Closing Credit*
$85,000
768 SqFt
2 Beds
•1 Full Bath
#224043382, Scott Fader, Listing Office: Joseph Walter Realty, LLC
Is Jefferson Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Jefferson Township was a Seller'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
$205,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,050(+10.8%)
Key Takeaway
Homes in Jefferson Township have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Jefferson Township was $205,000 in November 2024, up 10.8% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $255K | N/A |
| 2 Bedrooms | $123.3K | $160K | +29.7% |
| 3 Bedrooms | $183.4K | $187.7K | +2.4% |
| 4 Bedrooms | $220K | $351.5K | +59.8% |
| 5+ Bedrooms | $197K | $200K | +1.5% |
Summary: Jefferson Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 59.8%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
| Jefferson Township | $184.9K | $205K | +10.8% |
| Galion | $170K | $181.4K | +6.7% |
Housing Supply in Jefferson Township, OH
How many homes are available in Jefferson Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The Jefferson Township real estate market had 33 homes for sale in November 2024, a 3.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Jefferson Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Jefferson Township in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 93 Days | +115.6% |
Summary: Homes in Jefferson Township had an average of 93 days on market in Nov 2024, up by 115.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jefferson Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Jefferson Township; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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