$5,641 Closing Credit*
$475,000
1,364 SqFt
4 Beds
•2 Full Baths
Brian White, Listing Office: Paramount Real Estate Services
Is Jefferson, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $319.5K | - | N/A |
| 3 Bedrooms | $386.5K | $409.5K | +6.0% |
| 4 Bedrooms | $575K | $599K | +4.2% |
| 5+ Bedrooms | $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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 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, 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 25 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
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.
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