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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Jefferson Township was a Neutral Market.

Key Takeaway

Jefferson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jefferson Township, PA

How much do homes in Jefferson Township, PA cost?

Median Sold Price

$350,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$65,000(+22.8%)

Key Takeaway

Homes in Jefferson Township have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Jefferson Township was $350,000 in November 2024, up 22.8% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$50.5K
N/A
2 $230K$225K
-2.2%
3 $285K$365K
+28.1%
4 $417.5K$350K
-16.2%
5+ $840K$782.5K
-6.8%

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 decreased by 2.2%, 3 bedroom homes increased by 28.1%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes decreased by 6.8%.

Median Sold Price Compared To Nearby Cities

Jefferson Township
+22.8%
Champion
-7.4%

Housing Supply in Jefferson Township, PA

How many homes are available in Jefferson Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3332-3.0%

Summary: The Jefferson Township real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 67
+16.7%
3 119
-18.2%
4 1111
0.0%
5+ 33
0.0%

Summary: The Jefferson Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Jefferson Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Jefferson Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days65 Days+712.5%

Summary: Homes in Jefferson Township had an average of 65 days on market in Nov 2024, up by 712.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Jefferson Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 Township, PA

Nearby Markets to Jefferson Township, PA

What housing markets are near Jefferson Township, PA?