Is Jefferson, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson is a 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, OR

How much do homes in Jefferson, OR cost?

Median Sold Price

$419,000

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,500(+8.4%)

Key Takeaway

Homes in Jefferson have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Jefferson was $419,000 in October 2024, up 8.4% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $319.5K-
N/A
3 $386.5K$409.5K
+6.0%
4 $575K$599K
+4.2%
5+ $469.9K-
N/A

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 did not change, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes did not change.

Housing Supply in Jefferson, OR

How many homes are available in Jefferson, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Jefferson real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 33
0.0%
5+ 00
0.0%

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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Jefferson in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Jefferson, OR

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

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days25 Days+525.0%

Summary: Homes in Jefferson had an average of 25 days on market in Oct 2024, up by 525% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jefferson are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Jefferson; 50% of homes were sold within 30 days, 50% 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 2 Days Ago

Newest Listings in Jefferson, OR

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